GoalVest Advisory LLC Trims Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

GoalVest Advisory LLC decreased its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 23.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 189,731 shares of the company’s stock after selling 57,109 shares during the period. JPMorgan US Quality Factor ETF accounts for approximately 3.1% of GoalVest Advisory LLC’s investment portfolio, making the stock its 4th biggest holding. GoalVest Advisory LLC’s holdings in JPMorgan US Quality Factor ETF were worth $10,733,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Levy Wealth Management Group LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 15.6% in the second quarter. Levy Wealth Management Group LLC now owns 634,321 shares of the company’s stock worth $33,587,000 after purchasing an additional 85,617 shares during the last quarter. Atria Wealth Solutions Inc. grew its stake in shares of JPMorgan US Quality Factor ETF by 29.9% in the second quarter. Atria Wealth Solutions Inc. now owns 17,047 shares of the company’s stock worth $903,000 after purchasing an additional 3,925 shares during the last quarter. Onyx Bridge Wealth Group LLC boosted its position in JPMorgan US Quality Factor ETF by 1.1% during the third quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after acquiring an additional 1,210 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF during the third quarter valued at $2,278,000. Finally, D Orazio & Associates Inc. boosted its position in JPMorgan US Quality Factor ETF by 58.8% during the second quarter. D Orazio & Associates Inc. now owns 170,986 shares of the company’s stock valued at $9,054,000 after acquiring an additional 63,282 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Down 1.2 %

Shares of JQUA opened at $57.56 on Friday. The stock has a market capitalization of $4.66 billion, a P/E ratio of 25.27 and a beta of 0.94. The firm’s fifty day simple moving average is $56.71 and its two-hundred day simple moving average is $54.32. JPMorgan US Quality Factor ETF has a 12 month low of $44.89 and a 12 month high of $59.07.

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.