Keystone Financial Group Cuts Position in JPMorgan U.S. Quality Factor ETF $JQUA

Keystone Financial Group trimmed its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUAFree Report) by 38.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 187,038 shares of the company’s stock after selling 118,605 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for about 0.9% of Keystone Financial Group’s portfolio, making the stock its 26th largest position. Keystone Financial Group’s holdings in JPMorgan U.S. Quality Factor ETF were worth $11,817,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. MCF Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $57,000. Wealth Watch Advisors INC purchased a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $57,000. Smartleaf Asset Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after buying an additional 998 shares during the last quarter. Longview Financial Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth $66,000. Finally, International Assets Investment Management LLC purchased a new position in JPMorgan U.S. Quality Factor ETF during the 4th quarter worth $71,000.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $69.01 on Friday. JPMorgan U.S. Quality Factor ETF has a 1-year low of $57.69 and a 1-year high of $69.12. The stock’s fifty day moving average price is $64.54 and its 200 day moving average price is $63.84. The company has a market cap of $7.76 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

JPMorgan U.S. Quality Factor ETF 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.

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

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