JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) is Petra Financial Advisors Inc.’s Largest Position

Petra Financial Advisors Inc. grew its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 28.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 132,037 shares of the company’s stock after acquiring an additional 29,367 shares during the period. JPMorgan US Quality Factor ETF comprises 4.9% of Petra Financial Advisors Inc.’s investment portfolio, making the stock its biggest holding. Petra Financial Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $7,469,000 as of its most recent filing with the SEC.

Other large investors have also recently made changes to their positions in the company. Koesten Hirschmann & Crabtree INC. increased its stake in JPMorgan US Quality Factor ETF by 145.5% during the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after purchasing an additional 320 shares during the period. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $34,000. International Assets Investment Management LLC purchased a new position in JPMorgan US Quality Factor ETF in the 2nd quarter valued at approximately $36,000. EverSource Wealth Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter worth $44,000. Finally, Fortitude Family Office LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth $68,000.

JPMorgan US Quality Factor ETF Trading Down 0.8 %

NYSEARCA:JQUA traded down $0.48 during midday trading on Thursday, reaching $56.19. The company had a trading volume of 24,180 shares, compared to its average volume of 531,707. JPMorgan US Quality Factor ETF has a 12-month low of $41.80 and a 12-month high of $57.90. The firm has a market capitalization of $4.55 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The stock’s fifty day simple moving average is $56.07 and its 200-day simple moving average is $53.71.

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.