Wealth Enhancement Advisory Services LLC Decreases Stock Holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Wealth Enhancement Advisory Services LLC reduced its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 0.3% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 630,913 shares of the company’s stock after selling 1,822 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.63% of JPMorgan U.S. Quality Factor ETF worth $35,628,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. LPL Financial LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 5.3% during the fourth quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock worth $213,412,000 after buying an additional 187,110 shares in the last quarter. ST Germain D J Co. Inc. increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 4.7% in the 1st quarter. ST Germain D J Co. Inc. now owns 2,810,131 shares of the company’s stock worth $158,688,000 after acquiring an additional 127,276 shares during the last quarter. Sage Mountain Advisors LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 34.2% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock worth $137,686,000 after acquiring an additional 612,953 shares during the period. Commonwealth Equity Services LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 18.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 1,298,163 shares of the company’s stock valued at $74,346,000 after acquiring an additional 202,309 shares during the last quarter. Finally, Quadcap Wealth Management LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 13.9% during the 4th quarter. Quadcap Wealth Management LLC now owns 1,291,912 shares of the company’s stock valued at $73,988,000 after acquiring an additional 158,131 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.2%

JPMorgan U.S. Quality Factor ETF stock opened at $58.53 on Friday. The company has a 50-day moving average price of $57.46 and a 200 day moving average price of $57.75. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $60.79. The stock has a market cap of $6.19 billion, a P/E ratio of 24.59 and a beta of 0.94.

JPMorgan U.S. 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.