JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Collaborative Wealth Managment Inc.

Collaborative Wealth Managment Inc. lessened its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 38.2% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 74,629 shares of the company’s stock after selling 46,139 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises approximately 2.1% of Collaborative Wealth Managment Inc.’s holdings, making the stock its 13th biggest holding. Collaborative Wealth Managment Inc. owned approximately 0.07% of JPMorgan U.S. Quality Factor ETF worth $4,576,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Operose Advisors LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after buying an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at $39,000. Wealth Watch Advisors INC purchased a new stake in JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $57,000. Smartleaf Asset Management LLC grew its position in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after acquiring an additional 998 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF during the fourth quarter worth about $71,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $72.00 on Thursday. The business has a 50-day moving average of $70.57 and a two-hundred day moving average of $66.17. The firm has a market capitalization of $8.14 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.23 and a 12 month high of $72.66.

About JPMorgan U.S. Quality Factor ETF

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.