GoalVest Advisory LLC Reduces Position in JPMorgan U.S. Quality Factor ETF $JQUA

GoalVest Advisory LLC decreased its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 22.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 54,810 shares of the company’s stock after selling 16,154 shares during the period. JPMorgan U.S. Quality Factor ETF makes up approximately 0.7% of GoalVest Advisory LLC’s investment portfolio, making the stock its 22nd largest position. GoalVest Advisory LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $3,463,000 as of its most recent SEC filing.

A number of other institutional investors have also bought and sold shares of the business. Beacon Bridge Wealth Partners LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.5% during the 3rd quarter. Beacon Bridge Wealth Partners LLC now owns 13,039 shares of the company’s stock worth $820,000 after purchasing an additional 190 shares during the last quarter. Financial Network Wealth Advisors LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 3.7% in the third quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock valued at $351,000 after purchasing an additional 198 shares during the last quarter. Stonehaven Wealth & Tax Solutions LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.1% in the second quarter. Stonehaven Wealth & Tax Solutions LLC now owns 20,102 shares of the company’s stock valued at $1,207,000 after purchasing an additional 220 shares during the last quarter. Redwood Financial Network Corp lifted its position in JPMorgan U.S. Quality Factor ETF by 5.7% during the second quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock worth $256,000 after buying an additional 228 shares in the last quarter. Finally, SeaCrest Wealth Management LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 6.3% during the third quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock worth $256,000 after buying an additional 240 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $62.22 on Friday. The stock’s fifty day moving average is $63.83 and its two-hundred day moving average is $63.15. The firm has a market capitalization of $7.37 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $64.90.

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.