Truist Financial Corp Sells 65,485 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Truist Financial Corp lowered its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 35.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 117,359 shares of the company’s stock after selling 65,485 shares during the period. Truist Financial Corp’s holdings in JPMorgan U.S. Quality Factor ETF were worth $7,415,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of JQUA. Savant Capital LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 10.5% during the third quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after acquiring an additional 878,484 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan U.S. Quality Factor ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after acquiring an additional 702,461 shares in the last quarter. Savvy Advisors Inc. boosted its stake in JPMorgan U.S. Quality Factor ETF by 64.4% during the fourth quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock worth $85,834,000 after acquiring an additional 532,063 shares in the last quarter. LVZ Inc. boosted its stake in JPMorgan U.S. Quality Factor ETF by 48.5% during the third quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after acquiring an additional 325,663 shares in the last quarter. Finally, Ameritas Advisory Services LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 266.7% during the third quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock worth $25,232,000 after acquiring an additional 291,693 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

NYSEARCA:JQUA opened at $68.20 on Friday. JPMorgan U.S. Quality Factor ETF has a one year low of $56.79 and a one year high of $68.21. The company’s 50-day simple moving average is $63.68 and its 200 day simple moving average is $63.47. The firm has a market capitalization of $7.67 billion, a P/E ratio of 23.86 and a beta of 0.90.

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.