Cetera Investment Advisers Boosts Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Cetera Investment Advisers lifted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 41.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,032,474 shares of the company’s stock after acquiring an additional 303,867 shares during the quarter. Cetera Investment Advisers owned 0.92% of JPMorgan U.S. Quality Factor ETF worth $63,311,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Savant Capital LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.8% in the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after purchasing an additional 996,453 shares during the last quarter. Signaturefd LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 1.2% during the fourth quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock worth $344,583,000 after purchasing an additional 66,385 shares in the last quarter. Morgan Stanley raised its holdings in JPMorgan U.S. Quality Factor ETF by 11.0% during the fourth quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock worth $187,030,000 after purchasing an additional 293,117 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 1.7% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock valued at $185,721,000 after purchasing an additional 50,109 shares during the period. Finally, Raymond James Financial Inc. lifted its position in JPMorgan U.S. Quality Factor ETF by 16.8% in the third quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock valued at $106,439,000 after purchasing an additional 243,540 shares during the period.

JPMorgan U.S. Quality Factor ETF Trading Up 0.2%

Shares of JQUA opened at $71.39 on Friday. The stock’s 50 day moving average is $71.08 and its two-hundred day moving average is $66.55. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.46 and a twelve month high of $72.66. The firm has a market capitalization of $8.11 billion, a PE ratio of 23.86 and a beta of 0.91.

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.