Sequent Asset Management LLC Sells 5,120 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Sequent Asset Management LLC trimmed its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 34.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,691 shares of the company’s stock after selling 5,120 shares during the period. Sequent Asset Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $548,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of JQUA. Koesten Hirschmann & Crabtree INC. boosted its stake in shares of 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 in the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at approximately $34,000. International Assets Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at approximately $36,000. EverSource Wealth Advisors LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the second quarter valued at approximately $44,000. Finally, Fortitude Family Office LLC bought a new position in JPMorgan US Quality Factor ETF in the third quarter worth $68,000.

JPMorgan US Quality Factor ETF Trading Up 0.5 %

Shares of JPMorgan US Quality Factor ETF stock opened at $58.83 on Friday. The business has a fifty day simple moving average of $56.34 and a two-hundred day simple moving average of $54.02. The firm has a market capitalization of $4.76 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12 month low of $43.58 and a 12 month high of $58.95.

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.