Valley National Advisers Inc. Acquires 9,235 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Valley National Advisers Inc. lifted its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 25.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 46,224 shares of the company’s stock after buying an additional 9,235 shares during the period. Valley National Advisers Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $2,443,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the business. CWM LLC grew its holdings in JPMorgan US Quality Factor ETF by 66,500.0% during the 4th quarter. CWM LLC now owns 666 shares of the company’s stock valued at $32,000 after purchasing an additional 665 shares during the last quarter. SouthState Corp bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter valued at about $41,000. Fifth Third Bancorp purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at about $55,000. Pinnacle Bancorp Inc. purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at about $59,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at about $61,000.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock traded up $0.06 during trading hours on Wednesday, hitting $53.07. The company had a trading volume of 240,806 shares, compared to its average volume of 594,664. The firm has a market cap of $4.30 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1 year low of $41.37 and a 1 year high of $53.56. The company has a 50-day moving average price of $52.06 and a two-hundred day moving average price of $50.93.

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.