JPMorgan U.S. Quality Factor ETF $JQUA is Petra Financial Advisors Inc.’s Largest Position

Petra Financial Advisors Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.2% during the first quarter, Holdings Channel reports. The firm owned 197,028 shares of the company’s stock after purchasing an additional 11,544 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 7.5% of Petra Financial Advisors Inc.’s holdings, making the stock its biggest position. Petra Financial Advisors Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $12,082,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in JQUA. World Investment Advisors grew its position in JPMorgan U.S. Quality Factor ETF by 1.9% in the 1st quarter. World Investment Advisors now owns 8,608 shares of the company’s stock worth $528,000 after purchasing an additional 160 shares during the period. Florida Financial Advisors LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.0% during the 4th quarter. Florida Financial Advisors LLC now owns 16,767 shares of the company’s stock valued at $1,048,000 after buying an additional 161 shares during the period. Axis Wealth Partners LLC increased its position in JPMorgan U.S. Quality Factor ETF by 4.9% during the first quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock valued at $214,000 after acquiring an additional 164 shares during the last quarter. Fiduciary Alliance LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 0.3% in the first quarter. Fiduciary Alliance LLC now owns 54,709 shares of the company’s stock valued at $3,529,000 after acquiring an additional 186 shares during the period. Finally, Wilkerson Advisory Group LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 2.3% in the first quarter. Wilkerson Advisory Group LLC now owns 8,342 shares of the company’s stock valued at $512,000 after acquiring an additional 187 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $72.00 on Wednesday. The stock’s 50-day simple moving average is $70.88 and its two-hundred day simple moving average is $66.40. The stock has a market capitalization of $8.16 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.46 and a 52-week high of $72.66.

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.