JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by Vertex Planning Partners LLC

Vertex Planning Partners LLC cut its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 618,834 shares of the company’s stock after selling 96,242 shares during the period. JPMorgan US Quality Factor ETF comprises about 7.8% of Vertex Planning Partners LLC’s holdings, making the stock its 2nd largest position. Vertex Planning Partners LLC’s holdings in JPMorgan US Quality Factor ETF were worth $35,441,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Orion Portfolio Solutions LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 23.1% during the 4th quarter. Orion Portfolio Solutions LLC now owns 34,475 shares of the company’s stock valued at $1,974,000 after buying an additional 6,459 shares during the last quarter. Howe & Rusling Inc. acquired a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $177,000. Mendel Money Management boosted its stake in JPMorgan US Quality Factor ETF by 10.8% during the fourth quarter. Mendel Money Management now owns 18,502 shares of the company’s stock valued at $1,060,000 after buying an additional 1,800 shares in the last quarter. Morey & Quinn Wealth Partners LLC acquired a new stake in JPMorgan US Quality Factor ETF in the 4th quarter valued at about $282,000. Finally, Florida Financial Advisors LLC raised its stake in JPMorgan US Quality Factor ETF by 31.4% during the 4th quarter. Florida Financial Advisors LLC now owns 28,924 shares of the company’s stock valued at $1,656,000 after purchasing an additional 6,907 shares during the period.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $57.05 on Friday. The business has a 50-day moving average of $58.74 and a two-hundred day moving average of $57.95. The stock has a market capitalization of $5.54 billion, a P/E ratio of 24.30 and a beta of 0.95. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.61 and a fifty-two week high of $60.79.

JPMorgan US Quality Factor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.1591 per share. The ex-dividend date was Tuesday, March 25th.

JPMorgan US 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.