JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by SVB Wealth LLC

SVB Wealth LLC trimmed its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 36.5% during the fourth quarter, Holdings Channel.com reports. The fund owned 15,195 shares of the company’s stock after selling 8,724 shares during the period. SVB Wealth LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $960,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Avidian Wealth Enterprises LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 2.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock valued at $45,338,000 after acquiring an additional 19,436 shares during the last quarter. HighTower Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 13.4% in the 3rd quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock valued at $24,242,000 after acquiring an additional 45,556 shares during the last quarter. Dynamic Advisor Solutions LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 71.9% in the 4th quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock valued at $19,801,000 after acquiring an additional 131,103 shares during the last quarter. Breakwater Capital Group grew its stake in JPMorgan U.S. Quality Factor ETF by 11.4% in the 4th quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock valued at $26,173,000 after acquiring an additional 42,271 shares during the last quarter. Finally, BridgePort Financial Solutions LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 30.0% in the 3rd quarter. BridgePort Financial Solutions LLC now owns 117,813 shares of the company’s stock valued at $7,412,000 after acquiring an additional 27,177 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.1%

Shares of NYSEARCA JQUA opened at $68.30 on Tuesday. The stock has a market cap of $7.68 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 52 week low of $57.69 and a 52 week high of $68.46. The company’s 50-day moving average price is $63.84 and its 200 day moving average price is $63.55.

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.