Wealth Enhancement Advisory Services LLC Has $41.06 Million Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Wealth Enhancement Advisory Services LLC lowered its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 654,676 shares of the company’s stock after selling 48,218 shares during the period. Wealth Enhancement Advisory Services LLC owned about 0.55% of JPMorgan U.S. Quality Factor ETF worth $41,055,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Drive Wealth Management LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 1.0% during the second quarter. Drive Wealth Management LLC now owns 18,785 shares of the company’s stock worth $1,128,000 after acquiring an additional 181 shares in the last quarter. AE Wealth Management LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 11.8% during the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock worth $107,000 after buying an additional 187 shares during the last quarter. Harbour Investments Inc. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after purchasing an additional 190 shares during the period. Financial Network Wealth Advisors LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 3.7% during the 3rd quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock worth $351,000 after buying an additional 198 shares during the period. Finally, GPS Wealth Strategies Group LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 19.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock worth $75,000 after purchasing an additional 201 shares during the period.

JPMorgan U.S. Quality Factor ETF Trading Down 1.3%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $63.42 on Wednesday. The company has a market capitalization of $7.57 billion, a PE ratio of 23.86 and a beta of 0.93. The stock’s fifty day simple moving average is $63.26 and its 200 day simple moving average is $62.34. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.82.

About JPMorgan U.S. 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.