First Citizens Bank & Trust Co. Cuts Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

First Citizens Bank & Trust Co. trimmed its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 35.9% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 49,988 shares of the company’s stock after selling 28,054 shares during the quarter. First Citizens Bank & Trust Co.’s holdings in JPMorgan US Quality Factor ETF were worth $2,863,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the company. Signaturefd LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 1.2% in the 3rd quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock worth $313,039,000 after purchasing an additional 66,260 shares during the period. LPL Financial LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after buying an additional 510,409 shares during the period. ST Germain D J Co. Inc. raised its holdings in shares of JPMorgan US Quality Factor ETF by 1.7% during the 4th quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock valued at $153,647,000 after buying an additional 44,726 shares during the period. Townsquare Capital LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 6.1% during the 3rd quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock valued at $80,047,000 after buying an additional 81,577 shares during the period. Finally, Mason & Associates Inc raised its holdings in shares of JPMorgan US Quality Factor ETF by 57.4% during the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after buying an additional 494,630 shares during the period.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $59.42 on Monday. The company has a market cap of $4.81 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $49.08 and a one year high of $60.33. The business’s 50-day simple moving average is $58.54 and its 200 day simple moving average is $56.53.

About JPMorgan US 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.