Wed Sep 11 09:43:01 UTC 2024: ## Institutional Investors Show Growing Interest in JPMorgan US Quality Factor ETF (JQUA)

**New York, NY** – Private Advisor Group LLC, a prominent institutional investor, significantly increased its holdings in the JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the second quarter of 2024, according to the firm’s latest 13F filing. The group boosted its stake by 107.4%, now owning 88,242 shares worth $4,672,000.

Several other institutional investors followed suit, reflecting a growing interest in the ETF. TD Capital Management LLC, N.E.W. Advisory Services LLC, FDx Advisors Inc., and Aveo Capital Partners LLC all increased their holdings in JQUA during the quarter. Additionally, Beacon Bridge Wealth Partners LLC established a new position in the ETF, further indicating confidence in its future performance.

JQUA tracks the JP Morgan US Quality Factor Index, selecting companies from the Russell 1000 based on three key factors: profitability, earnings, and solvency. Launched in November 2017, the ETF is managed by JPMorgan Chase and boasts a market capitalization of $4.41 billion.

JQUA opened at $54.53 on Wednesday, with a 12-month low of $41.37 and a 12-month high of $55.81. Its P/E ratio stands at 25.27 and its beta is 0.94. The firm’s 50-day moving average is $53.87, and its 200-day moving average is $52.61.

The increase in institutional investment highlights the growing appeal of the JPMorgan US Quality Factor ETF. Investors appear to be attracted to its focus on quality companies with strong fundamentals, making JQUA an attractive addition to diversified portfolios.

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