D Orazio & Associates Inc. Makes New $15.64 Million Investment in JPMorgan U.S. Quality Factor ETF $JQUA

D Orazio & Associates Inc. purchased a new position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, Holdings Channel reports. The firm purchased 211,973 shares of the company’s stock, valued at approximately $15,644,000. JPMorgan U.S. Quality Factor ETF accounts for about 1.7% of D Orazio & Associates Inc.’s holdings, making the stock its 18th largest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Fortitude Family Office LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $29,000. Pinnacle Bancorp Inc. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $40,000. Parallel Advisors LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $41,000. Root Financial Partners LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $60,000. Finally, DHJJ Financial Advisors Ltd. bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter valued at about $67,000.

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

JQUA stock opened at $75.13 on Wednesday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $76.68. The company has a market cap of $9.68 billion, a PE ratio of 23.53 and a beta of 0.90. The business’s 50-day simple moving average is $74.84 and its 200 day simple moving average is $69.74.

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.