JPMorgan U.S. Quality Factor ETF $JQUA Position Reduced by Procyon Advisors LLC

Procyon Advisors LLC reduced its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 77.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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.

A number of other large investors have also made changes to their positions in JQUA. World Investment Advisors lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.9% in the 1st quarter. World Investment Advisors now owns 8,608 shares of the company’s stock valued at $528,000 after acquiring an additional 160 shares in the last quarter. Florida Financial Advisors LLC grew its position in JPMorgan U.S. Quality Factor ETF by 1.0% during the 4th quarter. Florida Financial Advisors LLC now owns 16,767 shares of the company’s stock worth $1,048,000 after purchasing an additional 161 shares in the last quarter. Axis Wealth Partners LLC grew its position in JPMorgan U.S. Quality Factor ETF by 4.9% during the 1st quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock worth $214,000 after purchasing an additional 164 shares in the last quarter. Fiduciary Alliance LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 0.3% during the 1st quarter. Fiduciary Alliance LLC now owns 54,709 shares of the company’s stock valued at $3,529,000 after purchasing an additional 186 shares during the period. Finally, Redwood Financial Network Corp raised its stake in JPMorgan U.S. Quality Factor ETF by 5.7% during the 2nd quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock valued at $256,000 after purchasing an additional 228 shares during the period.

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

JQUA opened at $72.15 on Tuesday. The stock has a fifty day moving average of $70.38 and a 200-day moving average of $66.05. The firm has a market capitalization of $8.15 billion, a P/E ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.23 and a 12-month high of $72.66.

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.