Commonwealth Equity Services LLC Reduces Position in JPMorgan U.S. Quality Factor ETF $JQUA

Commonwealth Equity Services LLC decreased its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,320,356 shares of the company’s stock after selling 25,663 shares during the period. Commonwealth Equity Services LLC owned about 1.12% of JPMorgan U.S. Quality Factor ETF worth $83,064,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Savant Capital LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 14.7% during the second quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock valued at $503,341,000 after purchasing an additional 1,072,456 shares in the last quarter. Warren Street Wealth Advisors LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the third quarter worth about $40,299,000. Intellus Advisors LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 181.2% during the 2nd quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock valued at $31,426,000 after buying an additional 337,229 shares in the last quarter. JPMorgan Chase & Co. grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 29.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,325,435 shares of the company’s stock valued at $79,592,000 after acquiring an additional 302,640 shares during the period. Finally, Raymond James Financial Inc. increased its holdings in JPMorgan U.S. Quality Factor ETF by 23.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after acquiring an additional 271,538 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.9%

NYSEARCA JQUA opened at $63.65 on Tuesday. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.35. The stock has a market cap of $7.65 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The company’s 50 day moving average is $62.89 and its two-hundred day moving average is $61.99.

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.