SVB Wealth LLC lessened its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 48.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 7,802 shares of the company’s stock after selling 7,263 shares during the quarter. SVB Wealth LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $564,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. RFG Advisory LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 74.3% in the second quarter. RFG Advisory LLC now owns 11,542 shares of the company’s stock valued at $834,000 after buying an additional 4,919 shares during the last quarter. IFP Advisors Inc boosted its position in JPMorgan U.S. Quality Factor ETF by 9.4% during the second quarter. IFP Advisors Inc now owns 49,513 shares of the company’s stock worth $3,579,000 after acquiring an additional 4,246 shares during the last quarter. Baird Financial Group Inc. boosted its position in JPMorgan U.S. Quality Factor ETF by 8.8% during the second quarter. Baird Financial Group Inc. now owns 110,135 shares of the company’s stock worth $7,961,000 after acquiring an additional 8,909 shares during the last quarter. Range Advisory LLC acquired a new position in JPMorgan U.S. Quality Factor ETF during the second quarter worth about $347,000. Finally, Citadel Advisors LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at about $378,000.
JPMorgan U.S. Quality Factor ETF Trading Down 0.7%
JQUA stock opened at $72.95 on Friday. The company has a market cap of $8.30 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.70 and a 12 month high of $75.64. The firm has a 50-day moving average of $73.38 and a two-hundred day moving average of $68.96.
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.
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