UMB Bank n.a. Acquires New Position in JPMorgan U.S. Quality Factor ETF $JQUA

UMB Bank n.a. acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 15,536 shares of the company’s stock, valued at approximately $977,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Savant Capital LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 14.7% in the 2nd quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock valued at $503,341,000 after buying an additional 1,072,456 shares during the period. Sage Mountain Advisors LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 6.6% during 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 period. Midland Wealth Advisors LLC raised its position in JPMorgan U.S. Quality Factor ETF by 2.7% in the second quarter. Midland Wealth Advisors LLC now owns 2,026,359 shares of the company’s stock worth $121,683,000 after acquiring an additional 53,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in JPMorgan U.S. Quality Factor ETF by 7.1% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,752,280 shares of the company’s stock worth $105,224,000 after acquiring an additional 116,345 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its holdings in JPMorgan U.S. Quality Factor ETF by 23.1% in the second quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock valued at $86,976,000 after acquiring an additional 271,538 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $64.43 on Tuesday. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.90. The firm has a market capitalization of $7.63 billion, a P/E ratio of 23.86 and a beta of 0.93. The company’s fifty day moving average is $63.78 and its two-hundred day moving average is $62.60.

JPMorgan U.S. Quality Factor ETF Company 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.