Dynamic Advisor Solutions LLC Purchases 24,381 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Dynamic Advisor Solutions LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.5% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 348,347 shares of the company’s stock after buying an additional 24,381 shares during the quarter. Dynamic Advisor Solutions LLC owned about 0.31% of JPMorgan U.S. Quality Factor ETF worth $25,179,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Operose Advisors LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after acquiring an additional 235 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at $39,000. Wealth Watch Advisors INC bought a new stake in JPMorgan U.S. Quality Factor ETF in the third quarter worth $57,000. Smartleaf Asset Management LLC increased its position in JPMorgan U.S. Quality Factor ETF by 1,782.1% in the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after purchasing an additional 998 shares during the last quarter. Finally, International Assets Investment Management LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at $71,000.

JPMorgan U.S. Quality Factor ETF Stock Down 0.5%

JPMorgan U.S. Quality Factor ETF stock opened at $74.14 on Thursday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.70 and a 52-week high of $74.84. The firm’s fifty day moving average is $71.62 and its 200 day moving average is $67.04. The company has a market cap of $8.43 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

JPMorgan U.S. Quality Factor ETF Profile

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.