Clarus Wealth Advisors Has $2.90 Million Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Clarus Wealth Advisors reduced its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,980 shares of the company’s stock after selling 2,280 shares during the quarter. JPMorgan US Quality Factor ETF accounts for about 1.4% of Clarus Wealth Advisors’ holdings, making the stock its 18th biggest holding. Clarus Wealth Advisors owned approximately 0.06% of JPMorgan US Quality Factor ETF worth $2,895,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Wealth Enhancement Advisory Services LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $36,676,000. LPL Financial LLC increased its holdings in JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after purchasing an additional 510,409 shares in the last quarter. Spectrum Wealth Advisory Group LLC bought a new position in JPMorgan US Quality Factor ETF in the third quarter valued at about $27,648,000. Tull Financial Group Inc. bought a new position in JPMorgan US Quality Factor ETF in the third quarter valued at about $24,025,000. Finally, Goldstone Financial Group LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter valued at about $23,250,000.

JPMorgan US Quality Factor ETF Trading Up 0.7 %

NYSEARCA:JQUA opened at $57.15 on Wednesday. The stock’s 50-day moving average is $58.48 and its 200-day moving average is $56.22. The stock has a market cap of $4.63 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $47.72 and a 1-year high of $60.33.

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.