JPMorgan U.S. Quality Factor ETF $JQUA Stock: Weil Company Inc. Lowers Holdings

Weil Company Inc. decreased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 15.4% during the 3rd quarter, HoldingsChannel reports. The fund owned 213,734 shares of the company’s stock after selling 38,976 shares during the period. JPMorgan U.S. Quality Factor ETF comprises approximately 2.8% of Weil Company Inc.’s portfolio, making the stock its 10th largest holding. Weil Company Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $15,774,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the company. World Investment Advisors increased its holdings in JPMorgan U.S. Quality Factor ETF by 1.9% in the 1st quarter. World Investment Advisors now owns 8,608 shares of the company’s stock worth $528,000 after purchasing an additional 160 shares in the last quarter. Axis Wealth Partners LLC raised its position in JPMorgan U.S. Quality Factor ETF by 4.9% in the first quarter. Axis Wealth Partners LLC now owns 3,493 shares of the company’s stock valued at $214,000 after purchasing an additional 164 shares during the last quarter. Fiduciary Alliance LLC raised its position in JPMorgan U.S. Quality Factor ETF by 0.3% in the first quarter. Fiduciary Alliance LLC now owns 54,709 shares of the company’s stock valued at $3,529,000 after purchasing an additional 186 shares during the last quarter. Wilkerson Advisory Group LLC raised its position in JPMorgan U.S. Quality Factor ETF by 2.3% in the first quarter. Wilkerson Advisory Group LLC now owns 8,342 shares of the company’s stock valued at $512,000 after purchasing an additional 187 shares during the last quarter. Finally, Illumine Investment Management LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.2% during the first quarter. Illumine Investment Management LLC now owns 20,480 shares of the company’s stock valued at $1,256,000 after purchasing an additional 245 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.8%

Shares of JQUA stock opened at $75.11 on Thursday. The firm has a market capitalization of $9.19 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The business’s 50-day moving average price is $74.50 and its 200-day moving average price is $70.90. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.70 and a 12 month high of $76.06.

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.