JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC cut its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.1% in the fourth quarter, Holdings Channel reports. The institutional investor owned 634,385 shares of the company’s stock after selling 20,291 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $40,797,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Savant Capital LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 10.5% in the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after acquiring an additional 878,484 shares in the last quarter. JPMorgan Chase & Co. grew its position in shares of JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after purchasing an additional 702,461 shares during the period. Warren Street Wealth Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the third quarter worth about $40,299,000. Intellus Advisors LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 181.2% during the 2nd quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock worth $31,426,000 after purchasing an additional 337,229 shares during the last quarter. Finally, LVZ Inc. lifted its stake in JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock valued at $62,752,000 after buying an additional 325,663 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 1.0%

JQUA stock opened at $62.07 on Tuesday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $64.90. The business’s 50-day moving average is $63.72 and its 200 day moving average is $63.17. The stock has a market cap of $7.35 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. Quality Factor ETF 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.