Savant Capital LLC Buys 878,484 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Savant Capital LLC boosted its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 10.5% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,260,509 shares of the company’s stock after buying an additional 878,484 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up about 3.1% of Savant Capital LLC’s holdings, making the stock its 6th biggest position. Savant Capital LLC owned approximately 7.80% of JPMorgan U.S. Quality Factor ETF worth $582,579,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of JQUA. Warren Street Wealth Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth $40,299,000. Intellus Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 181.2% in the second quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock valued at $31,426,000 after purchasing an additional 337,229 shares in the last quarter. LVZ Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after purchasing an additional 325,663 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 29.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,325,435 shares of the company’s stock worth $79,592,000 after purchasing an additional 302,640 shares in the last quarter. Finally, Raymond James Financial Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 23.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after purchasing an additional 271,538 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $63.66 on Wednesday. The business has a 50 day simple moving average of $63.80 and a 200 day simple moving average of $62.62. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $64.90. The stock has a market cap of $7.53 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

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.