Kingsview Wealth Management LLC Sells 21,723 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Kingsview Wealth Management LLC reduced its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 31.1% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 48,069 shares of the company’s stock after selling 21,723 shares during the quarter. Kingsview Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $3,037,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Collaborative Wealth Managment Inc. raised its holdings in JPMorgan U.S. Quality Factor ETF by 6.0% in the 4th quarter. Collaborative Wealth Managment Inc. now owns 120,768 shares of the company’s stock worth $7,630,000 after purchasing an additional 6,847 shares in the last quarter. Valued Retirements Inc. raised its holdings in JPMorgan U.S. Quality Factor ETF by 16.4% in the 4th quarter. Valued Retirements Inc. now owns 59,508 shares of the company’s stock worth $3,760,000 after purchasing an additional 8,400 shares in the last quarter. Cary Street Partners Financial LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 9.5% during the 4th quarter. Cary Street Partners Financial LLC now owns 10,041 shares of the company’s stock valued at $634,000 after purchasing an additional 873 shares in the last quarter. Harbour Investments Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 16.6% during the 4th quarter. Harbour Investments Inc. now owns 2,073 shares of the company’s stock valued at $131,000 after purchasing an additional 295 shares in the last quarter. Finally, ARQ Wealth Advisors LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 17.6% during the 4th quarter. ARQ Wealth Advisors LLC now owns 10,161 shares of the company’s stock valued at $642,000 after purchasing an additional 1,524 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.7%

Shares of JQUA opened at $71.06 on Friday. The firm’s 50-day moving average price is $65.47 and its 200-day moving average price is $64.18. The firm has a market capitalization of $7.99 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 $58.18 and a 1-year high of $71.12.

JPMorgan U.S. 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.