131,175 Shares in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Bought by Saratoga Research & Investment Management

Saratoga Research & Investment Management bought a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 131,175 shares of the company’s stock, valued at approximately $7,512,000.

A number of other institutional investors have also bought and sold shares of the company. Savant Capital LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 21.6% in the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after acquiring an additional 1,104,556 shares in the last quarter. LPL Financial LLC increased its stake in JPMorgan US Quality Factor ETF by 5.3% in the fourth quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock valued at $213,412,000 after purchasing an additional 187,110 shares in the last quarter. ST Germain D J Co. Inc. raised its holdings in shares of JPMorgan US Quality Factor ETF by 1.7% during the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock valued at $153,647,000 after purchasing an additional 44,726 shares during the period. Sage Mountain Advisors LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 34.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock valued at $137,686,000 after purchasing an additional 612,953 shares during the period. Finally, Mason & Associates Inc boosted its position in shares of JPMorgan US Quality Factor ETF by 57.4% during the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after purchasing an additional 494,630 shares in the last quarter.

JPMorgan US Quality Factor ETF Price Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $56.10 on Monday. The business has a 50-day simple moving average of $58.69 and a 200 day simple moving average of $58.01. JPMorgan US Quality Factor ETF has a one year low of $49.61 and a one year high of $60.79. The firm has a market capitalization of $5.44 billion, a price-to-earnings ratio of 24.30 and a beta of 0.95.

JPMorgan US Quality Factor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were given a dividend of $0.1591 per share. The ex-dividend date of this dividend was Tuesday, March 25th.

About JPMorgan US 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.