KPP Advisory Services LLC Sells 17,918 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

KPP Advisory Services LLC cut its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 81.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,119 shares of the company’s stock after selling 17,918 shares during the period. KPP Advisory Services LLC’s holdings in JPMorgan US Quality Factor ETF were worth $233,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of JQUA. D Orazio & Associates Inc. boosted its position in shares of JPMorgan US Quality Factor ETF by 16.8% in the 3rd quarter. D Orazio & Associates Inc. now owns 199,744 shares of the company’s stock worth $11,300,000 after purchasing an additional 28,758 shares during the last quarter. First Heartland Consultants Inc. lifted its stake in JPMorgan US Quality Factor ETF by 5.4% in the third quarter. First Heartland Consultants Inc. now owns 36,125 shares of the company’s stock valued at $2,044,000 after buying an additional 1,861 shares during the period. Savvy Advisors Inc. boosted its holdings in JPMorgan US Quality Factor ETF by 145.3% during the third quarter. Savvy Advisors Inc. now owns 270,083 shares of the company’s stock worth $15,279,000 after buying an additional 159,973 shares during the last quarter. FDx Advisors Inc. grew its position in shares of JPMorgan US Quality Factor ETF by 12.2% during the 3rd quarter. FDx Advisors Inc. now owns 110,079 shares of the company’s stock worth $6,227,000 after buying an additional 11,951 shares during the period. Finally, Nations Financial Group Inc. IA ADV increased its stake in shares of JPMorgan US Quality Factor ETF by 3.6% in the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 18,681 shares of the company’s stock valued at $1,057,000 after acquiring an additional 645 shares during the last quarter.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $57.56 on Friday. The firm’s 50 day simple moving average is $56.71 and its 200 day simple moving average is $54.32. JPMorgan US Quality Factor ETF has a fifty-two week low of $44.89 and a fifty-two week high of $59.07. The company has a market capitalization of $4.66 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

JPMorgan US 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.