JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Kestra Advisory Services LLC

Kestra Advisory Services LLC reduced its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.2% in the 1st quarter, HoldingsChannel reports. The firm owned 718,149 shares of the company’s stock after selling 31,376 shares during the period. Kestra Advisory Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $44,037,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Money Concepts Capital Corp increased its position in JPMorgan U.S. Quality Factor ETF by 12.8% during the 1st quarter. Money Concepts Capital Corp now owns 9,143 shares of the company’s stock worth $561,000 after purchasing an additional 1,039 shares during the period. Navalign LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 7.9% in the 1st quarter. Navalign LLC now owns 130,438 shares of the company’s stock valued at $7,998,000 after buying an additional 9,594 shares during the period. Integrated Advisors Network LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 2.4% in the 1st quarter. Integrated Advisors Network LLC now owns 27,046 shares of the company’s stock valued at $1,658,000 after buying an additional 641 shares during the period. LVZ Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.6% in the first quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock valued at $62,380,000 after buying an additional 15,791 shares in the last quarter. Finally, Cobblestone Asset Management LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.3% in the first quarter. Cobblestone Asset Management LLC now owns 82,709 shares of the company’s stock valued at $5,072,000 after buying an additional 1,896 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $72.38 on Friday. The business’s fifty day moving average price is $70.13 and its 200 day moving average price is $65.94. The firm has a market capitalization of $8.17 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.23 and a 1-year high of $72.66.

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.