JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. lessened its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 45.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 77,455 shares of the company’s stock after selling 64,447 shares during the period. JPMorgan U.S. Quality Factor ETF makes up about 2.5% of Sage Advisory Services Ltd.Co.’s portfolio, making the stock its 14th biggest position. Sage Advisory Services Ltd.Co. owned approximately 0.07% of JPMorgan U.S. Quality Factor ETF worth $4,651,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the second quarter valued at $25,000. Harbour Investments Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% in 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 last quarter. GPS Wealth Strategies Group LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 19.2% during 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. Larson Financial Group LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 1,183.8% in the first quarter. Larson Financial Group LLC now owns 2,375 shares of the company’s stock valued at $134,000 after buying an additional 2,190 shares during the last quarter. Finally, Harbor Asset Planning Inc. acquired a new position in JPMorgan U.S. Quality Factor ETF in the 2nd quarter worth approximately $136,000.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA stock opened at $61.63 on Friday. The company has a market capitalization of $7.33 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $63.74. The firm’s fifty day simple moving average is $62.55 and its 200-day simple moving average is $60.45.

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.