First Horizon Advisors Inc. Has $14.72 Million Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

First Horizon Advisors Inc. grew its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 5.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 307,500 shares of the company’s stock after acquiring an additional 14,895 shares during the period. First Horizon Advisors Inc. owned 0.73% of JPMorgan US Quality Factor ETF worth $14,717,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. bought a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter valued at $320,322,000. Signaturefd LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 2,302,419.7% during the third quarter. Signaturefd LLC now owns 4,213,611 shares of the company’s stock worth $182,323,000 after acquiring an additional 4,213,428 shares in the last quarter. Savant Capital LLC lifted its holdings in JPMorgan US Quality Factor ETF by 3,420.3% during the 4th quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after purchasing an additional 1,947,683 shares in the last quarter. First Citizens Bank & Trust Co. boosted its position in shares of JPMorgan US Quality Factor ETF by 26.8% in the third quarter. First Citizens Bank & Trust Co. now owns 7,175,361 shares of the company’s stock valued at $310,478,000 after acquiring an additional 1,515,698 shares during the period. Finally, Sage Advisory Services Ltd.Co. purchased a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at $25,825,000.

JPMorgan US Quality Factor ETF Trading Up 0.4 %

Shares of JQUA traded up $0.19 during mid-day trading on Thursday, reaching $50.10. The company’s stock had a trading volume of 142,424 shares, compared to its average volume of 668,856. The company’s fifty day moving average price is $51.65 and its two-hundred day moving average price is $48.54. JPMorgan US Quality Factor ETF has a 52 week low of $40.72 and a 52 week high of $53.03. The stock has a market cap of $4.00 billion, a PE ratio of 24.42 and a beta of 0.94.

JPMorgan US 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.