JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Sax Wealth Advisors LLC

Sax Wealth Advisors LLC lessened its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,182 shares of the company’s stock after selling 694 shares during the quarter. Sax Wealth Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $491,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JQUA. Continuum Advisory LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 775.0% during the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock worth $26,000 after purchasing an additional 403 shares during the period. DHJJ Financial Advisors Ltd. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 68.5% during the first quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after purchasing an additional 235 shares during the period. Wagner Wealth Management LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 516.3% during the first quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock worth $34,000 after purchasing an additional 506 shares during the period. CX Institutional acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the first quarter worth about $43,000. Finally, GPS Wealth Strategies Group LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 49.9% during the first quarter. GPS Wealth Strategies Group LLC now owns 1,049 shares of the company’s stock worth $59,000 after purchasing an additional 349 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Down 0.4%

JPMorgan U.S. Quality Factor ETF stock opened at $62.85 on Friday. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $63.43. The company has a market capitalization of $7.43 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92. The stock has a 50-day moving average price of $62.00 and a 200 day moving average price of $59.27.

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.