Perigon Wealth Management LLC Trims Stock Position in JPMorgan U.S. Quality Factor ETF $JQUA

Perigon Wealth Management LLC cut its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.2% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 168,986 shares of the company’s stock after selling 2,087 shares during the period. Perigon Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $10,148,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Continuum Advisory LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 775.0% in the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after buying an additional 403 shares during the last quarter. DHJJ Financial Advisors Ltd. raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 68.5% in the first quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock valued at $33,000 after buying an additional 235 shares during the last quarter. Wagner Wealth Management LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 516.3% in the first quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock valued at $34,000 after buying an additional 506 shares during the last quarter. CX Institutional purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the first quarter valued at about $43,000. Finally, GPS Wealth Strategies Group LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 49.9% in the first quarter. GPS Wealth Strategies Group LLC now owns 1,049 shares of the company’s stock valued at $59,000 after buying an additional 349 shares during the last quarter.

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

NYSEARCA JQUA opened at $62.54 on Thursday. The stock has a market capitalization of $7.12 billion, a P/E ratio of 23.86 and a beta of 0.92. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $63.20. The firm has a 50-day moving average price of $61.53 and a 200 day moving average price of $58.80.

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.