Pinion Investment Advisors LLC cut its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 37.3% during the 4th quarter, HoldingsChannel reports. The fund owned 55,348 shares of the company’s stock after selling 32,993 shares during the period. JPMorgan US Quality Factor ETF comprises 1.3% of Pinion Investment Advisors LLC’s portfolio, making the stock its 16th largest position. Pinion Investment Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $3,170,000 at the end of the most recent quarter.
A number of other institutional investors have also modified their holdings of the stock. Savant Capital LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 21.6% during the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after purchasing an additional 1,104,556 shares during the last quarter. Wealth Enhancement Advisory Services LLC bought a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth about $36,676,000. LPL Financial LLC lifted its stake in JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after purchasing an additional 510,409 shares during the last quarter. Mason & Associates Inc boosted its stake in shares of JPMorgan US Quality Factor ETF by 57.4% during the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after acquiring an additional 494,630 shares in the last quarter. Finally, Spectrum Wealth Advisory Group LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth about $27,648,000.
JPMorgan US Quality Factor ETF Trading Down 1.0 %
Shares of JQUA stock opened at $58.78 on Tuesday. The company has a market capitalization of $5.85 billion, a price-to-earnings ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.79. The stock’s fifty day simple moving average is $58.91 and its 200-day simple moving average is $57.70.
JPMorgan US Quality Factor ETF Company 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.
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