JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) is Horizon Advisory Services Inc.’s 4th Largest Position

Horizon Advisory Services Inc. reduced its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.3% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 478,809 shares of the company’s stock after selling 11,157 shares during the period. JPMorgan US Quality Factor ETF makes up approximately 12.1% of Horizon Advisory Services Inc.’s portfolio, making the stock its 4th largest position. Horizon Advisory Services Inc. owned about 0.59% of JPMorgan US Quality Factor ETF worth $25,353,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in JQUA. Advisory Services Network LLC purchased a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at about $250,000. Stifel Financial Corp increased its holdings in JPMorgan US Quality Factor ETF by 1,527.1% in the fourth quarter. Stifel Financial Corp now owns 300,386 shares of the company’s stock valued at $14,376,000 after buying an additional 281,925 shares in the last quarter. Bank of Nova Scotia increased its holdings in JPMorgan US Quality Factor ETF by 17.7% in the fourth quarter. Bank of Nova Scotia now owns 29,300 shares of the company’s stock valued at $1,402,000 after buying an additional 4,410 shares in the last quarter. Annex Advisory Services LLC purchased a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at about $80,892,000. Finally, Enzi Wealth increased its holdings in JPMorgan US Quality Factor ETF by 10.5% in the fourth quarter. Enzi Wealth now owns 134,852 shares of the company’s stock valued at $6,766,000 after buying an additional 12,787 shares in the last quarter.

JPMorgan US Quality Factor ETF Trading Up 0.0 %

Shares of JPMorgan US Quality Factor ETF stock opened at $56.45 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $41.37 and a 12-month high of $56.72. The stock has a market cap of $4.57 billion, a PE ratio of 25.27 and a beta of 0.94. The company has a 50-day moving average of $54.45 and a two-hundred day moving average of $52.96.

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.