Edge Financial Advisors LLC Has $8.41 Million Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Edge Financial Advisors LLC grew its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 8.5% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 133,714 shares of the company’s stock after acquiring an additional 10,462 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up approximately 3.9% of Edge Financial Advisors LLC’s holdings, making the stock its 6th largest position. Edge Financial Advisors LLC owned 0.11% of JPMorgan U.S. Quality Factor ETF worth $8,412,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in the company. Y Intercept Hong Kong Ltd increased its stake in JPMorgan U.S. Quality Factor ETF by 543.9% during the third quarter. Y Intercept Hong Kong Ltd now owns 26,651 shares of the company’s stock valued at $1,677,000 after purchasing an additional 22,512 shares during the last quarter. Andina Capital Management LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 7.4% during the 3rd quarter. Andina Capital Management LLC now owns 39,638 shares of the company’s stock valued at $2,494,000 after buying an additional 2,739 shares during the last quarter. Avidian Wealth Enterprises LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 2.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after acquiring an additional 19,436 shares during the period. Sage Mountain Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 6.6% in the third quarter. Sage Mountain Advisors LLC now owns 2,889,443 shares of the company’s stock worth $181,775,000 after acquiring an additional 177,728 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth about $83,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.0%

NYSEARCA:JQUA opened at $64.29 on Friday. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $64.82. The firm has a market capitalization of $7.66 billion, a PE ratio of 23.86 and a beta of 0.93. The stock has a 50 day moving average of $63.38 and a 200-day moving average of $62.39.

About JPMorgan U.S. Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.