Ehrlich Financial Group Sells 45,779 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Ehrlich Financial Group lessened its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 82.6% during the second quarter, Holdings Channel.com reports. The firm owned 9,613 shares of the company’s stock after selling 45,779 shares during the quarter. Ehrlich Financial Group’s holdings in JPMorgan U.S. Quality Factor ETF were worth $695,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in JQUA. Breakwater Capital Group boosted its position in JPMorgan U.S. Quality Factor ETF by 1.1% during the second quarter. Breakwater Capital Group now owns 444,100 shares of the company’s stock valued at $32,100,000 after buying an additional 5,036 shares during the period. RVW Wealth LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 3.8% in the second quarter. RVW Wealth LLC now owns 952,795 shares of the company’s stock worth $68,868,000 after buying an additional 34,691 shares during the period. Integrated Capital Management Inc. increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 18.2% in the second quarter. Integrated Capital Management Inc. now owns 80,238 shares of the company’s stock worth $5,800,000 after buying an additional 12,333 shares during the period. Dynamic Advisor Solutions LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 7.5% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 348,347 shares of the company’s stock valued at $25,179,000 after acquiring an additional 24,381 shares during the last quarter. Finally, Avior Wealth Management LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $3,578,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $74.53 on Friday. The stock has a market capitalization of $8.48 billion, a PE ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $74.84. The business has a 50-day moving average of $71.75 and a 200 day moving average of $67.16.

JPMorgan U.S. Quality Factor ETF Company 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.