Private Ocean LLC Sells 3,397 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Private Ocean LLC cut its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 16.6% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,059 shares of the company’s stock after selling 3,397 shares during the quarter. Private Ocean LLC’s holdings in JPMorgan US Quality Factor ETF were worth $902,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Princeton Global Asset Management LLC lifted its holdings in JPMorgan US Quality Factor ETF by 1.0% in the fourth quarter. Princeton Global Asset Management LLC now owns 23,504 shares of the company’s stock worth $1,125,000 after buying an additional 229 shares during the period. Capital Advisors Ltd. LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 6.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,117 shares of the company’s stock valued at $197,000 after purchasing an additional 243 shares in the last quarter. Spire Wealth Management boosted its position in shares of JPMorgan US Quality Factor ETF by 2.0% during the fourth quarter. Spire Wealth Management now owns 18,122 shares of the company’s stock valued at $890,000 after purchasing an additional 348 shares in the last quarter. MorganRosel Wealth Management LLC grew its stake in JPMorgan US Quality Factor ETF by 0.5% in the fourth quarter. MorganRosel Wealth Management LLC now owns 111,538 shares of the company’s stock worth $5,338,000 after purchasing an additional 549 shares during the period. Finally, Future Financial Wealth Managment LLC raised its holdings in JPMorgan US Quality Factor ETF by 1.8% in the first quarter. Future Financial Wealth Managment LLC now owns 33,021 shares of the company’s stock worth $1,746,000 after purchasing an additional 574 shares in the last quarter.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

Shares of JQUA stock opened at $52.95 on Friday. The company’s fifty day moving average price is $51.91 and its 200-day moving average price is $50.82. The stock has a market cap of $4.29 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12 month low of $41.37 and a 12 month high of $53.56.

JPMorgan US Quality Factor ETF 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.