Nottingham Advisors Inc. Acquires New Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Nottingham Advisors Inc. purchased a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 11,925 shares of the company’s stock, valued at approximately $675,000.

A number of other hedge funds have also modified their holdings of the company. Cornerstone Wealth Management LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 6.0% in the third quarter. Cornerstone Wealth Management LLC now owns 104,539 shares of the company’s stock worth $5,914,000 after purchasing an additional 5,930 shares in the last quarter. Tsfg LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 3.0% during the 3rd quarter. Tsfg LLC now owns 117,433 shares of the company’s stock worth $6,643,000 after acquiring an additional 3,456 shares during the last quarter. High Net Worth Advisory Group LLC bought a new stake in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $526,000. Redhawk Wealth Advisors Inc. grew its holdings in JPMorgan US Quality Factor ETF by 6.9% in the 3rd quarter. Redhawk Wealth Advisors Inc. now owns 136,050 shares of the company’s stock valued at $7,696,000 after buying an additional 8,732 shares in the last quarter. Finally, MorganRosel Wealth Management LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 1.3% during the third quarter. MorganRosel Wealth Management LLC now owns 113,859 shares of the company’s stock worth $6,441,000 after buying an additional 1,415 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Up 0.4 %

Shares of NYSEARCA:JQUA traded up $0.21 during trading on Thursday, reaching $57.65. 9,255 shares of the company traded hands, compared to its average volume of 527,244. The firm has a market capitalization of $4.67 billion, a PE ratio of 25.27 and a beta of 0.94. The company’s 50 day moving average is $55.45 and its two-hundred day moving average is $53.36. JPMorgan US Quality Factor ETF has a 52 week low of $41.37 and a 52 week high of $57.90.

JPMorgan US 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.