Horizon Advisory Services Inc. Sells 467,637 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Horizon Advisory Services Inc. trimmed its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 99.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,081 shares of the company’s stock after selling 467,637 shares during the quarter. Horizon Advisory Services Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $234,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. FMR LLC lifted its position in JPMorgan US Quality Factor ETF by 22.9% during the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after buying an additional 3,092 shares in the last quarter. Principal Securities Inc. lifted its position in JPMorgan US Quality Factor ETF by 14,782.1% during the 4th quarter. Principal Securities Inc. now owns 4,167 shares of the company’s stock worth $239,000 after buying an additional 4,139 shares in the last quarter. Sanchez Wealth Management Group lifted its position in JPMorgan US Quality Factor ETF by 3.6% during the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after buying an additional 9,767 shares in the last quarter. Cerity Partners LLC bought a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth about $918,000. Finally, PFG Investments LLC bought a new stake in JPMorgan US Quality Factor ETF during the 4th quarter worth about $418,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $59.41 on Tuesday. The company’s 50-day moving average price is $58.81 and its two-hundred day moving average price is $57.52. JPMorgan US Quality Factor ETF has a one year low of $49.60 and a one year high of $60.79. The stock has a market capitalization of $5.92 billion, a PE ratio of 25.89 and a beta of 0.95.

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.