Signaturefd LLC Sells 138,140 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Signaturefd LLC lessened its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,395,512 shares of the company’s stock after selling 138,140 shares during the period. JPMorgan US Quality Factor ETF comprises about 5.9% of Signaturefd LLC’s investment portfolio, making the stock its 4th largest position. Signaturefd LLC owned approximately 6.67% of JPMorgan US Quality Factor ETF worth $309,001,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $29,000. CENTRAL TRUST Co bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter worth $47,000. Abound Wealth Management acquired a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth $55,000. Fortitude Family Office LLC increased its stake in JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after purchasing an additional 550 shares during the last quarter. Finally, New Republic Capital LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $107,000.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA:JQUA opened at $56.45 on Monday. The firm has a market capitalization of $5.50 billion, a P/E ratio of 24.52 and a beta of 0.95. The business has a 50 day simple moving average of $58.80 and a 200 day simple moving average of $57.86. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.79.

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.