Wealthspire Advisors LLC Sells 2,164 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Wealthspire Advisors LLC cut its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 41,959 shares of the company’s stock after selling 2,164 shares during the quarter. Wealthspire Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $2,403,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. FMR LLC lifted its position in JPMorgan US Quality Factor ETF by 22.9% in the third quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after buying an additional 3,092 shares during the last quarter. Sanchez Wealth Management Group lifted its position in JPMorgan US Quality Factor ETF by 3.6% in the fourth quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after buying an additional 9,767 shares during the last quarter. Cerity Partners LLC bought a new stake in JPMorgan US Quality Factor ETF in the third quarter worth $918,000. PFG Investments LLC bought a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth $418,000. Finally, D Orazio & Associates Inc. lifted its position in JPMorgan US Quality Factor ETF by 11.8% in the fourth quarter. D Orazio & Associates Inc. now owns 223,274 shares of the company’s stock worth $12,787,000 after buying an additional 23,530 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Down 1.6 %

Shares of JQUA opened at $59.47 on Monday. The company has a market cap of $5.92 billion, a PE ratio of 25.89 and a beta of 0.95. The business has a fifty day moving average of $58.81 and a 200 day moving average of $57.48. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.79.

JPMorgan US 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.