JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stock Position Decreased by Retirement Planning Group LLC

Retirement Planning Group LLC lowered its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.2% during the third quarter, HoldingsChannel.com reports. The fund owned 39,289 shares of the company’s stock after selling 868 shares during the period. Retirement Planning Group LLC’s holdings in JPMorgan US Quality Factor ETF were worth $2,223,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JQUA. Koesten Hirschmann & Crabtree INC. boosted its position in JPMorgan US Quality Factor ETF by 145.5% during the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after purchasing an additional 320 shares during the period. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the second quarter valued at $34,000. International Assets Investment Management LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the second quarter worth about $36,000. EverSource Wealth Advisors LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter worth about $44,000. Finally, Atlanta Consulting Group Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF in the 1st quarter valued at about $86,000.

JPMorgan US Quality Factor ETF Trading Up 0.7 %

Shares of NYSEARCA:JQUA opened at $57.20 on Friday. The firm’s 50 day moving average is $55.10 and its two-hundred day moving average is $53.26. The firm has a market capitalization of $4.63 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $41.37 and a 52 week high of $57.26.

JPMorgan US 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.