JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Bank of America Corp DE

Bank of America Corp DE lowered its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.7% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 1,385,680 shares of the company’s stock after selling 100,224 shares during the period. Bank of America Corp DE’s holdings in JPMorgan U.S. Quality Factor ETF were worth $84,970,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Operose Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 65.5% in the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in shares of JPMorgan U.S. Quality Factor ETF in the 4th quarter worth approximately $39,000. Wealth Watch Advisors INC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $57,000. Smartleaf Asset Management LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1,782.1% in the 2nd quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after purchasing an additional 998 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 4th quarter worth approximately $71,000.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA stock opened at $74.53 on Friday. The firm has a market cap of $8.48 billion, a PE ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.70 and a 12 month high of $74.84. The firm has a 50 day simple moving average of $71.75 and a 200 day simple moving average of $67.16.

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.