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

SVB Wealth LLC lessened its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUAFree Report) by 48.2% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,802 shares of the company’s stock after selling 7,263 shares during the quarter. SVB Wealth LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $564,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Lawood & Co. purchased a new stake in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth approximately $7,875,000. TritonPoint Partners LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter valued at approximately $697,000. Waterway Wealth Management LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 24.2% during the 4th quarter. Waterway Wealth Management LLC now owns 207,272 shares of the company’s stock valued at $13,095,000 after purchasing an additional 40,432 shares in the last quarter. Spectrum Wealth Advisory Group LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.4% in the 4th quarter. Spectrum Wealth Advisory Group LLC now owns 529,822 shares of the company’s stock valued at $33,474,000 after purchasing an additional 12,501 shares during the period. Finally, Navalign LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 4th quarter valued at $7,635,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $72.95 on Friday. The company’s fifty day moving average price is $73.38 and its 200 day moving average price is $68.96. JPMorgan U.S. Quality Factor ETF has a 1 year low of $59.70 and a 1 year high of $75.64. The company has a market capitalization of $8.30 billion, a PE ratio of 23.86 and a beta of 0.91.

JPMorgan U.S. Quality Factor ETF Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

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