Cooper Financial Group Has $727,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Cooper Financial Group lessened its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 12,688 shares of the company’s stock after selling 306 shares during the period. Cooper Financial Group’s holdings in JPMorgan US Quality Factor ETF were worth $727,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at $34,000. EverSource Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at $44,000. Fortitude Family Office LLC bought a new position in JPMorgan US Quality Factor ETF during the 3rd quarter worth $68,000. EP Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the 2nd quarter worth about $109,000. Finally, Hollencrest Capital Management bought a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at about $185,000.

JPMorgan US Quality Factor ETF Trading Up 0.2 %

Shares of JQUA stock opened at $56.78 on Tuesday. JPMorgan US Quality Factor ETF has a 1-year low of $47.72 and a 1-year high of $60.33. The stock has a market cap of $4.60 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The stock has a 50-day moving average of $58.46 and a 200-day moving average of $56.16.

About JPMorgan US 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.