Goldman Sachs Group Inc. Sells 89,459 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Goldman Sachs Group Inc. decreased its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 54.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,911 shares of the company’s stock after selling 89,459 shares during the quarter. Goldman Sachs Group Inc. owned about 0.07% of JPMorgan U.S. Quality Factor ETF worth $4,174,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently modified their holdings of JQUA. 49 Wealth Management LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.6% during the 4th quarter. 49 Wealth Management LLC now owns 7,956 shares of the company’s stock valued at $456,000 after purchasing an additional 199 shares during the period. Cerity Partners LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 1.7% during the 1st quarter. Cerity Partners LLC now owns 12,998 shares of the company’s stock valued at $734,000 after buying an additional 218 shares during the period. Westover Capital Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 4.1% in the first quarter. Westover Capital Advisors LLC now owns 5,598 shares of the company’s stock worth $316,000 after purchasing an additional 221 shares during the period. DHJJ Financial Advisors Ltd. increased its stake in JPMorgan U.S. Quality Factor ETF by 68.5% in the first quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after purchasing an additional 235 shares during the period. Finally, Delos Wealth Advisors LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 0.3% during the 1st quarter. Delos Wealth Advisors LLC now owns 70,748 shares of the company’s stock worth $3,995,000 after buying an additional 235 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $62.61 on Thursday. The company has a market cap of $7.13 billion, a P/E ratio of 23.86 and a beta of 0.92. The stock’s 50-day moving average is $61.26 and its 200 day moving average is $58.64. JPMorgan U.S. Quality Factor ETF has a 1-year low of $49.25 and a 1-year high of $62.89.

About JPMorgan U.S. 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.