Dynamic Advisor Solutions LLC Has $9.73 Million Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Dynamic Advisor Solutions LLC increased its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 14.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 169,889 shares of the company’s stock after buying an additional 21,126 shares during the period. Dynamic Advisor Solutions LLC owned 0.21% of JPMorgan US Quality Factor ETF worth $9,730,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in JQUA. Wealth Enhancement Advisory Services LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth approximately $36,676,000. LPL Financial LLC lifted its holdings in JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares in the last quarter. Mason & Associates Inc boosted its position in JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after buying an additional 494,630 shares during the last quarter. Spectrum Wealth Advisory Group LLC bought a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $27,648,000. Finally, Tull Financial Group Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at $24,025,000.

JPMorgan US Quality Factor ETF Stock Down 0.2 %

Shares of JQUA opened at $59.42 on Friday. The stock’s fifty day simple moving average is $58.54 and its 200-day simple moving average is $56.49. The firm has a market capitalization of $4.81 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12-month low of $49.08 and a 12-month high of $60.33.

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.