Ameritas Advisory Services LLC Sells 211,518 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Ameritas Advisory Services LLC lowered its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 52.7% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 189,563 shares of the company’s stock after selling 211,518 shares during the period. Ameritas Advisory Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $11,977,000 as of its most recent filing with the SEC.

Several other hedge funds have also recently bought and sold shares of the stock. Savant Capital LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 10.5% during the third quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after acquiring an additional 878,484 shares during the last quarter. Signaturefd LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 1.2% in the fourth quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after buying an additional 66,385 shares in the last quarter. Sage Mountain Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 1.7% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock valued at $185,721,000 after acquiring an additional 50,109 shares during the last quarter. JPMorgan Chase & Co. increased its stake in JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after acquiring an additional 702,461 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in JPMorgan U.S. Quality Factor ETF by 16.8% in the third quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock valued at $106,439,000 after acquiring an additional 243,540 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $67.93 on Wednesday. The company’s 50 day simple moving average is $63.91 and its 200 day simple moving average is $63.58. The stock has a market capitalization of $7.64 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1 year low of $57.69 and a 1 year high of $68.46.

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.