Sigma Planning Corp Lowers Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Sigma Planning Corp reduced its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 17.0% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 66,546 shares of the company’s stock after selling 13,655 shares during the period. Sigma Planning Corp owned approximately 0.06% of JPMorgan U.S. Quality Factor ETF worth $4,186,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Avidian Wealth Enterprises LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 2.8% in the 3rd quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after purchasing an additional 19,436 shares in the last quarter. Hershey Financial Advisers LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at $1,066,000. HighTower Advisors LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 13.4% during the third quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock worth $24,242,000 after buying an additional 45,556 shares in the last quarter. Beacon Pointe Advisors LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at $2,308,000. Finally, Able Wealth Management LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 50.8% in the third quarter. Able Wealth Management LLC now owns 190,240 shares of the company’s stock worth $11,968,000 after acquiring an additional 64,063 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Up 0.5%

JQUA stock opened at $64.14 on Monday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The firm has a market cap of $7.60 billion, a P/E ratio of 23.86 and a beta of 0.93. The company’s 50-day simple moving average is $63.92 and its 200-day simple moving average is $62.90.

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.