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

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 634,385 shares of the company’s stock after selling 20,291 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.53% of JPMorgan U.S. Quality Factor ETF worth $40,797,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in JQUA. Parkworth Wealth Management Inc. purchased a new stake in JPMorgan U.S. Quality Factor ETF in the second quarter valued at $55,000. Asset Dedication LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 840.0% during the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after acquiring an additional 840 shares during the period. DHJJ Financial Advisors Ltd. lifted its holdings in JPMorgan U.S. Quality Factor ETF by 56.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock valued at $57,000 after acquiring an additional 326 shares during the period. MCF Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $57,000. Finally, Wealth Watch Advisors INC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $57,000.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $62.07 on Tuesday. The firm has a fifty day moving average price of $63.72 and a 200 day moving average price of $63.17. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.90. The stock has a market cap of $7.35 billion, a P/E ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. Quality Factor ETF Company 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.