Daymark Wealth Partners LLC Reduces Position in JPMorgan U.S. Quality Factor ETF $JQUA

Daymark Wealth Partners LLC lessened its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 46.4% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 5,136 shares of the company’s stock after selling 4,446 shares during the quarter. Daymark Wealth Partners LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $308,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Signaturefd LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 2.2% during the 2nd quarter. Signaturefd LLC now owns 5,501,136 shares of the company’s stock worth $330,343,000 after buying an additional 120,933 shares during the last quarter. LPL Financial LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 17.8% during the 1st quarter. LPL Financial LLC now owns 4,388,159 shares of the company’s stock worth $247,799,000 after buying an additional 661,733 shares during the last quarter. Sage Mountain Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 8.6% during the 2nd quarter. Sage Mountain Advisors LLC now owns 2,711,715 shares of the company’s stock worth $162,839,000 after buying an additional 215,460 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan U.S. Quality Factor ETF by 22.9% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 1,635,935 shares of the company’s stock worth $92,381,000 after buying an additional 305,026 shares during the last quarter. Finally, Commonwealth Equity Services LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 4.1% in the 1st quarter. Commonwealth Equity Services LLC now owns 1,351,512 shares of the company’s stock valued at $76,320,000 after purchasing an additional 53,349 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.0%

Shares of JQUA stock opened at $62.72 on Friday. The business’s 50 day moving average is $62.52 and its two-hundred day moving average is $60.22. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $63.74. The company has a market capitalization of $7.44 billion, a P/E ratio of 23.86 and a beta of 0.93.

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.