JPMorgan U.S. Quality Factor ETF $JQUA Stock Position Lowered by ProCore Advisors LLC

ProCore Advisors LLC reduced its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 38.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 13,778 shares of the company’s stock after selling 8,457 shares during the period. JPMorgan U.S. Quality Factor ETF comprises approximately 1.2% of ProCore Advisors LLC’s holdings, making the stock its 19th largest position. ProCore Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,017,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in JQUA. RVW Wealth LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at approximately $74,549,000. Avidian Wealth Enterprises LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth $73,013,000. hemming& Wealth Management Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at $29,734,000. Breakwater Capital Group purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the third quarter valued at $33,394,000. Finally, Cetera Investment Advisers raised its position in JPMorgan U.S. Quality Factor ETF by 41.7% during the first quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after buying an additional 303,867 shares during the period.

JPMorgan U.S. Quality Factor ETF Trading Down 0.0%

NYSEARCA:JQUA opened at $75.71 on Wednesday. The business’s fifty day moving average price is $74.48 and its 200 day moving average price is $70.80. The firm has a market capitalization of $9.26 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 $59.70 and a 1-year 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.