JPMorgan U.S. Quality Factor ETF $JQUA Stock Holdings Lessened by Procyon Advisors LLC

Procyon Advisors LLC cut its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 77.5% during the first quarter, HoldingsChannel.com reports. The firm owned 24,122 shares of the company’s stock after selling 82,932 shares during the period. Procyon Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,479,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 10.8% in the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after buying an additional 996,453 shares in the last quarter. Signaturefd LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.2% during the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after acquiring an additional 66,385 shares in the last quarter. Morgan Stanley increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 11.0% in the fourth quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock worth $187,030,000 after acquiring an additional 293,117 shares during the last quarter. Sage Mountain Advisors LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.7% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock worth $185,721,000 after acquiring an additional 50,109 shares during the last quarter. Finally, Raymond James Financial Inc. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 16.8% during the third quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after acquiring an additional 243,540 shares in the last quarter.

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

JQUA opened at $72.15 on Tuesday. The stock has a market cap of $8.15 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 1 year low of $59.23 and a 1 year high of $72.66. The stock has a fifty day moving average price of $70.38 and a 200 day moving average price of $66.05.

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.