JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Holdings Lowered by Able Wealth Management LLC

Able Wealth Management LLC reduced its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.3% in the 3rd quarter, Holdings Channel reports. The fund owned 83,556 shares of the company’s stock after selling 3,718 shares during the period. JPMorgan US Quality Factor ETF makes up 3.6% of Able Wealth Management LLC’s investment portfolio, making the stock its 9th largest position. Able Wealth Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $4,727,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the stock. Koesten Hirschmann & Crabtree INC. boosted its stake in shares of JPMorgan US Quality Factor ETF by 145.5% during the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after acquiring an additional 320 shares in the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new position in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $34,000. International Assets Investment Management LLC purchased a new position in JPMorgan US Quality Factor ETF during the second quarter worth approximately $36,000. EverSource Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $44,000. Finally, Fortitude Family Office LLC acquired a new stake in JPMorgan US Quality Factor ETF in the third quarter valued at approximately $68,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JQUA stock opened at $58.83 on Friday. JPMorgan US Quality Factor ETF has a 1-year low of $43.58 and a 1-year high of $58.95. The company has a market cap of $4.76 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The stock has a 50 day simple moving average of $56.34 and a 200-day simple moving average of $54.02.

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.