Y Intercept Hong Kong Ltd Purchases New Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Y Intercept Hong Kong Ltd purchased a new position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,139 shares of the company’s stock, valued at approximately $249,000.

A number of other hedge funds have also recently added to or reduced their stakes in JQUA. Harbour Investments Inc. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 26.5% during the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after acquiring an additional 190 shares during the period. Larson Financial Group LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 1,183.8% in the first quarter. Larson Financial Group LLC now owns 2,375 shares of the company’s stock valued at $134,000 after purchasing an additional 2,190 shares in the last quarter. Harbor Asset Planning Inc. bought a new stake in JPMorgan U.S. Quality Factor ETF during the second quarter worth about $136,000. Iams Wealth Management LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF during the second quarter worth about $203,000. Finally, Summit Wealth & Retirement Planning Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF during the first quarter worth about $206,000.

JPMorgan U.S. Quality Factor ETF Trading Up 0.5%

Shares of NYSEARCA:JQUA opened at $61.93 on Friday. The firm has a 50 day moving average of $62.56 and a 200-day moving average of $60.57. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $63.74. The stock has a market capitalization of $7.36 billion, a PE ratio of 23.86 and a beta of 0.93.

About JPMorgan U.S. 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.