JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Position Reduced by KPP Advisory Services LLC

KPP Advisory Services LLC reduced its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,828 shares of the company’s stock after selling 291 shares during the period. KPP Advisory Services LLC’s holdings in JPMorgan US Quality Factor ETF were worth $219,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Alpha Financial Partners LLC bought a new stake in JPMorgan US Quality Factor ETF during the third quarter valued at $515,000. Dynamic Advisor Solutions LLC grew its position in shares of JPMorgan US Quality Factor ETF by 13.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 148,763 shares of the company’s stock valued at $8,416,000 after buying an additional 17,764 shares during the last quarter. Future Financial Wealth Managment LLC raised its stake in JPMorgan US Quality Factor ETF by 1.4% during the third quarter. Future Financial Wealth Managment LLC now owns 32,873 shares of the company’s stock worth $1,860,000 after acquiring an additional 445 shares during the period. Patten Group Inc. lifted its holdings in JPMorgan US Quality Factor ETF by 4.2% in the third quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock worth $510,000 after acquiring an additional 366 shares during the last quarter. Finally, Beaumont Financial Advisors LLC boosted its stake in JPMorgan US Quality Factor ETF by 0.6% in the third quarter. Beaumont Financial Advisors LLC now owns 506,129 shares of the company’s stock valued at $28,632,000 after acquiring an additional 3,191 shares during the period.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

Shares of JPMorgan US Quality Factor ETF stock opened at $59.43 on Tuesday. The stock has a market capitalization of $4.81 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.33. The business’s 50 day simple moving average is $58.66 and its 200-day simple moving average is $56.76.

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.