JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Holdings Cut by REDW Wealth LLC

REDW Wealth LLC decreased its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 6.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 570,961 shares of the company’s stock after selling 39,687 shares during the period. JPMorgan US Quality Factor ETF comprises approximately 8.3% of REDW Wealth LLC’s holdings, making the stock its 2nd biggest holding. REDW Wealth LLC owned about 0.71% of JPMorgan US Quality Factor ETF worth $32,299,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JQUA. Norden Group LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 1st quarter worth about $557,000. Private Advisor Group LLC increased its position in shares of JPMorgan US Quality Factor ETF by 35.1% in the 1st quarter. Private Advisor Group LLC now owns 42,546 shares of the company’s stock worth $2,249,000 after purchasing an additional 11,061 shares during the last quarter. Mutual Advisors LLC increased its position in shares of JPMorgan US Quality Factor ETF by 239.7% in the 1st quarter. Mutual Advisors LLC now owns 39,413 shares of the company’s stock worth $2,084,000 after purchasing an additional 27,810 shares during the last quarter. Whittier Trust Co. of Nevada Inc. increased its position in shares of JPMorgan US Quality Factor ETF by 107.1% in the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,634 shares of the company’s stock worth $139,000 after purchasing an additional 1,362 shares during the last quarter. Finally, Avidian Wealth Solutions LLC increased its position in shares of JPMorgan US Quality Factor ETF by 2.1% in the 1st quarter. Avidian Wealth Solutions LLC now owns 586,814 shares of the company’s stock worth $31,025,000 after purchasing an additional 12,129 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $56.16 on Friday. JPMorgan US Quality Factor ETF has a one year low of $42.82 and a one year high of $57.90. The company has a 50-day simple moving average of $56.11 and a 200-day simple moving average of $53.76. The firm has a market capitalization of $4.55 billion, a PE 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.