JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by NewEdge Advisors LLC

NewEdge Advisors LLC trimmed its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.1% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 442,773 shares of the company’s stock after selling 28,631 shares during the period. NewEdge Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $27,151,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Focus Partners Wealth increased its stake in JPMorgan U.S. Quality Factor ETF by 4,153.5% in the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after purchasing an additional 1,336,332 shares in the last quarter. Savant Capital LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 10.8% during the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after buying an additional 996,453 shares in the last quarter. Hughes Financial Services LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 15,645.5% in the fourth quarter. Hughes Financial Services LLC now owns 876,395 shares of the company’s stock worth $55,371,000 after buying an additional 870,829 shares during the period. UMB Bank n.a. boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 4,731.9% in the fourth quarter. UMB Bank n.a. now owns 750,679 shares of the company’s stock worth $47,428,000 after buying an additional 735,143 shares during the period. Finally, hemming& Wealth Management Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter worth approximately $29,734,000.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA stock opened at $74.53 on Friday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.70 and a 52-week high of $74.84. The company’s 50 day simple moving average is $71.75 and its 200-day simple moving average is $67.16. The firm has a market capitalization of $8.48 billion, a P/E ratio of 23.86 and a beta of 0.90.

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.