Woodmont Investment Counsel LLC Sells 10,724 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Woodmont Investment Counsel LLC cut its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 136,308 shares of the company’s stock after selling 10,724 shares during the period. Woodmont Investment Counsel LLC owned 0.11% of JPMorgan U.S. Quality Factor ETF worth $8,575,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in JQUA. Atlantic Union Bankshares Corp acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the second quarter worth $25,000. Harbour Investments Inc. boosted its position in JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after acquiring an additional 190 shares during the last quarter. Parkworth Wealth Management Inc. acquired a new stake in JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth about $55,000. Asset Dedication LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 840.0% in the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after acquiring an additional 840 shares in the last quarter. Finally, DHJJ Financial Advisors Ltd. raised its position in shares of JPMorgan U.S. Quality Factor ETF by 56.4% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after acquiring an additional 326 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $63.90 on Monday. The stock’s 50-day moving average is $63.72 and its 200 day moving average is $62.57. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $64.90. The firm has a market cap of $7.56 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.