Dynamic Advisor Solutions LLC Raises Position in JPMorgan U.S. Quality Factor ETF $JQUA

Dynamic Advisor Solutions LLC grew its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 348,347 shares of the company’s stock after purchasing an additional 24,381 shares during the period. Dynamic Advisor Solutions LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $25,179,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Focus Partners Wealth increased its position in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% during the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after purchasing an additional 1,336,332 shares during the last quarter. Savant Capital LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 10.8% in the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after buying an additional 996,453 shares during the last quarter. Hughes Financial Services LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 15,645.5% during the fourth quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock worth $55,371,000 after buying an additional 870,829 shares during the period. UMB Bank n.a. boosted its stake in JPMorgan U.S. Quality Factor ETF by 4,731.9% during the fourth quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock worth $47,428,000 after buying an additional 735,143 shares during the period. Finally, hemming& Wealth Management Inc. bought a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at $29,734,000.

JPMorgan U.S. Quality Factor ETF Stock Down 0.5%

JQUA stock opened at $74.14 on Thursday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $74.84. The stock has a market capitalization of $8.43 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The firm’s fifty day simple moving average is $71.62 and its two-hundred day simple moving average is $67.04.

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.