Sage Advisory Services Ltd.Co. Makes New $25.83 Million Investment in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Sage Advisory Services Ltd.Co. acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 539,603 shares of the company’s stock, valued at approximately $25,825,000. JPMorgan U.S. Quality Factor ETF comprises 6.9% of Sage Advisory Services Ltd.Co.’s holdings, making the stock its 2nd largest position. Sage Advisory Services Ltd.Co. owned about 1.29% of JPMorgan U.S. Quality Factor ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. Princeton Global Asset Management LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 1.0% in the 4th quarter. Princeton Global Asset Management LLC now owns 23,504 shares of the company’s stock worth $1,125,000 after buying an additional 229 shares during the last quarter. Mendel Money Management boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 2.6% in the third quarter. Mendel Money Management now owns 10,474 shares of the company’s stock worth $453,000 after acquiring an additional 270 shares during the last quarter. Teamwork Financial Advisors LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 2.8% in the third quarter. Teamwork Financial Advisors LLC now owns 12,027 shares of the company’s stock valued at $520,000 after purchasing an additional 322 shares during the period. FirstPurpose Wealth LLC increased its position in JPMorgan U.S. Quality Factor ETF by 6.8% during the third quarter. FirstPurpose Wealth LLC now owns 7,281 shares of the company’s stock worth $315,000 after purchasing an additional 464 shares during the last quarter. Finally, MorganRosel Wealth Management LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 0.5% during the fourth quarter. MorganRosel Wealth Management LLC now owns 111,538 shares of the company’s stock worth $5,338,000 after purchasing an additional 549 shares during the period.

JPMorgan U.S. Quality Factor ETF Trading Up 1.3 %

Shares of JQUA traded up $0.63 during mid-day trading on Monday, reaching $50.41. The company had a trading volume of 242,844 shares, compared to its average volume of 695,292. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $40.64 and a fifty-two week high of $53.03. The firm has a fifty day simple moving average of $51.68 and a 200-day simple moving average of $48.19. The stock has a market cap of $4.01 billion, a price-to-earnings ratio of 25.51 and a beta of 0.95.

About JPMorgan U.S. 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.