WealthShield Partners LLC Lowers Position in JPMorgan U.S. Quality Factor ETF $JQUA

WealthShield Partners LLC trimmed its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 39.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 16,881 shares of the company’s stock after selling 11,063 shares during the period. WealthShield Partners LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,067,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also made changes to their positions in JQUA. Savant Capital LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 10.5% in the third quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock valued at $582,579,000 after acquiring an additional 878,484 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after acquiring an additional 702,461 shares in the last quarter. Savvy Advisors Inc. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 64.4% in the fourth quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock valued at $85,834,000 after acquiring an additional 532,063 shares in the last quarter. LVZ Inc. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 48.5% in the third quarter. LVZ Inc. now owns 997,493 shares of the company’s stock valued at $62,752,000 after acquiring an additional 325,663 shares in the last quarter. Finally, Ameritas Advisory Services LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 266.7% in the third quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock valued at $25,232,000 after acquiring an additional 291,693 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.4%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $67.45 on Friday. JPMorgan U.S. Quality Factor ETF has a 52 week low of $56.79 and a 52 week high of $67.92. The stock’s 50-day simple moving average is $63.68 and its 200-day simple moving average is $63.47. The company has a market capitalization of $7.58 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

JPMorgan U.S. 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.