Apollon Wealth Management LLC Has $1.17 Million Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Apollon Wealth Management LLC lowered its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 18.7% during the fourth quarter, Holdings Channel reports. The institutional investor owned 20,455 shares of the company’s stock after selling 4,696 shares during the period. Apollon Wealth Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $1,171,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of JQUA. CENTRAL TRUST Co acquired a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $47,000. Abound Wealth Management bought a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at $55,000. Fortitude Family Office LLC acquired a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $68,000. Heck Capital Advisors LLC bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth $172,000. Finally, Round Rock Advisors LLC bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth $200,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $60.19 on Tuesday. The firm has a 50-day moving average of $58.70 and a 200-day moving average of $57.00. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.42. The stock has a market cap of $4.87 billion, a PE 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.