JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) is Hennion & Walsh Asset Management Inc.’s 3rd Largest Position

Hennion & Walsh Asset Management Inc. increased its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.2% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 835,491 shares of the company’s stock after acquiring an additional 9,752 shares during the period. JPMorgan US Quality Factor ETF makes up about 2.4% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 3rd biggest holding. Hennion & Walsh Asset Management Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $44,172,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. KPP Advisory Services LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $1,697,000. Knightsbridge Asset Management LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 1.9% in the 3rd quarter. Knightsbridge Asset Management LLC now owns 140,354 shares of the company’s stock valued at $6,073,000 after buying an additional 2,623 shares during the period. Jackson Wealth Management LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 6.5% in the 3rd quarter. Jackson Wealth Management LLC now owns 19,911 shares of the company’s stock valued at $862,000 after buying an additional 1,221 shares during the period. JT Stratford LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 19.0% in the 3rd quarter. JT Stratford LLC now owns 17,050 shares of the company’s stock valued at $738,000 after buying an additional 2,725 shares during the period. Finally, Royal Harbor Partners LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 5.5% in the 3rd quarter. Royal Harbor Partners LLC now owns 121,594 shares of the company’s stock valued at $5,261,000 after buying an additional 6,364 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 0.2 %

Shares of JQUA stock traded down $0.08 on Friday, hitting $52.95. The company had a trading volume of 350,436 shares, compared to its average volume of 591,280. The firm has a market cap of $4.29 billion, a P/E ratio of 25.27 and a beta of 0.94. The company has a 50-day moving average price of $51.91 and a 200-day moving average price of $50.79. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $53.56.

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.