Quantinno Capital Management LP Acquires 8,537 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Quantinno Capital Management LP raised its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 80.6% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 19,133 shares of the company’s stock after purchasing an additional 8,537 shares during the period. Quantinno Capital Management LP’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,173,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Operose Advisors LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after purchasing an additional 235 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at $39,000. Wealth Watch Advisors INC bought a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $57,000. Smartleaf Asset Management LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after buying an additional 998 shares in the last quarter. Finally, International Assets Investment Management LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth about $71,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $75.25 on Friday. The firm has a market cap of $8.56 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The business has a 50-day simple moving average of $72.09 and a two-hundred day simple moving average of $67.54. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $75.64.

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.