Savvy Advisors Inc. increased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 145.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 270,083 shares of the company’s stock after acquiring an additional 159,973 shares during the period. JPMorgan US Quality Factor ETF accounts for approximately 3.1% of Savvy Advisors Inc.’s portfolio, making the stock its 3rd biggest position. Savvy Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $15,279,000 as of its most recent SEC filing.
Other large investors have also added to or reduced their stakes in the company. Levy Wealth Management Group LLC boosted its holdings in JPMorgan US Quality Factor ETF by 15.6% during the second quarter. Levy Wealth Management Group LLC now owns 634,321 shares of the company’s stock worth $33,587,000 after purchasing an additional 85,617 shares during the last quarter. Atria Wealth Solutions Inc. raised its position in JPMorgan US Quality Factor ETF by 29.9% during the second quarter. Atria Wealth Solutions Inc. now owns 17,047 shares of the company’s stock worth $903,000 after acquiring an additional 3,925 shares in the last quarter. Delos Wealth Advisors LLC raised its position in JPMorgan US Quality Factor ETF by 82.5% during the first quarter. Delos Wealth Advisors LLC now owns 53,507 shares of the company’s stock worth $2,829,000 after acquiring an additional 24,189 shares in the last quarter. Onyx Bridge Wealth Group LLC raised its position in JPMorgan US Quality Factor ETF by 1.1% during the third quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock worth $6,187,000 after acquiring an additional 1,210 shares in the last quarter. Finally, Sequoia Financial Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF during the third quarter worth $2,278,000.
JPMorgan US Quality Factor ETF Trading Down 0.4 %
NYSEARCA JQUA opened at $58.70 on Tuesday. The firm’s fifty day moving average price is $56.40 and its two-hundred day moving average price is $54.13. JPMorgan US Quality Factor ETF has a 1 year low of $44.12 and a 1 year high of $59.07. The firm has a market capitalization of $4.75 billion, a P/E ratio of 25.27 and a beta of 0.94.
About JPMorgan US 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.
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