Truist Financial Corp lowered its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 35.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 117,359 shares of the company’s stock after selling 65,485 shares during the quarter. Truist Financial Corp owned about 0.10% of JPMorgan U.S. Quality Factor ETF worth $7,415,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other hedge funds and other institutional investors also recently modified their holdings of the company. Wealth Watch Advisors INC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $57,000. MCF Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $57,000. Longview Financial Advisors LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $66,000. Smartleaf Asset Management LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock valued at $63,000 after buying an additional 998 shares during the period. Finally, Root Financial Partners LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $83,000.
JPMorgan U.S. Quality Factor ETF Price Performance
Shares of NYSEARCA JQUA opened at $68.20 on Friday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $56.79 and a 1 year high of $68.21. The company’s 50-day moving average is $63.68 and its 200 day moving average is $63.47. The stock has a market capitalization of $7.67 billion, a P/E ratio of 23.86 and a beta of 0.90.
JPMorgan U.S. Quality Factor ETF 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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