One Capital Management LLC Sells 386,674 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

One Capital Management LLC trimmed its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 38.7% in the second quarter, Holdings Channel.com reports. The fund owned 611,661 shares of the company’s stock after selling 386,674 shares during the quarter. JPMorgan US Quality Factor ETF makes up approximately 1.1% of One Capital Management LLC’s investment portfolio, making the stock its 29th biggest position. One Capital Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $32,387,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JQUA. ICA Group Wealth Management LLC bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $736,000. Levy Wealth Management Group LLC raised its stake in JPMorgan US Quality Factor ETF by 15.6% during the second quarter. Levy Wealth Management Group LLC now owns 634,321 shares of the company’s stock worth $33,587,000 after buying an additional 85,617 shares during the last quarter. Saratoga Research & Investment Management lifted its holdings in JPMorgan US Quality Factor ETF by 14,600.8% in the fourth quarter. Saratoga Research & Investment Management now owns 757,534 shares of the company’s stock valued at $36,256,000 after buying an additional 752,381 shares during the period. Kingsview Wealth Management LLC boosted its position in JPMorgan US Quality Factor ETF by 47.0% during the fourth quarter. Kingsview Wealth Management LLC now owns 27,601 shares of the company’s stock valued at $1,321,000 after acquiring an additional 8,825 shares during the last quarter. Finally, NBC Securities Inc. grew its holdings in JPMorgan US Quality Factor ETF by 12.3% during the 1st quarter. NBC Securities Inc. now owns 5,253 shares of the company’s stock worth $277,000 after acquiring an additional 575 shares during the period.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $55.58 on Monday. JPMorgan US Quality Factor ETF has a 1 year low of $41.37 and a 1 year high of $55.81. The business’s 50-day moving average is $53.99 and its 200-day moving average is $52.69. The company has a market capitalization of $4.50 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

About JPMorgan US 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.