JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by Baker Tilly Wealth Management LLC

Baker Tilly Wealth Management LLC reduced its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 37.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 3,998 shares of the company’s stock after selling 2,381 shares during the period. Baker Tilly Wealth Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $229,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. FMR LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 22.9% during the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after acquiring an additional 3,092 shares in the last quarter. Onyx Bridge Wealth Group LLC boosted its holdings in JPMorgan US Quality Factor ETF by 1.1% in the third quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after purchasing an additional 1,210 shares in the last quarter. Sequoia Financial Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF in the third quarter valued at approximately $2,278,000. Breakwater Capital Group raised its holdings in JPMorgan US Quality Factor ETF by 7.3% during the third quarter. Breakwater Capital Group now owns 292,193 shares of the company’s stock worth $16,529,000 after purchasing an additional 19,901 shares in the last quarter. Finally, Blue Trust Inc. lifted its position in shares of JPMorgan US Quality Factor ETF by 7.5% during the 3rd quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock worth $2,370,000 after buying an additional 3,141 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Down 1.4 %

Shares of JPMorgan US Quality Factor ETF stock opened at $56.67 on Friday. The company has a fifty day simple moving average of $58.45 and a 200-day simple moving average of $56.09. JPMorgan US Quality Factor ETF has a 12-month low of $47.65 and a 12-month high of $60.33. The stock has a market cap of $4.59 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.