Beaumont Financial Advisors LLC Reduces Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Beaumont Financial Advisors LLC lessened its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.0% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 536,313 shares of the company’s stock after selling 22,418 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises 2.3% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 11th largest holding. Beaumont Financial Advisors LLC owned approximately 0.45% of JPMorgan U.S. Quality Factor ETF worth $33,739,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Drive Wealth Management LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.0% in the second quarter. Drive Wealth Management LLC now owns 18,785 shares of the company’s stock valued at $1,128,000 after acquiring an additional 181 shares during the period. AE Wealth Management LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 11.8% in the 2nd quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock worth $107,000 after purchasing an additional 187 shares in the last quarter. Harbour Investments Inc. boosted its holdings in JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after purchasing an additional 190 shares during the period. GPS Wealth Strategies Group LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 19.2% during the 2nd quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock valued at $75,000 after purchasing an additional 201 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 1.1% during the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 20,102 shares of the company’s stock valued at $1,207,000 after purchasing an additional 220 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $64.07 on Thursday. The company has a market capitalization of $7.70 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.38. The business’s fifty day moving average is $62.93 and its 200 day moving average is $62.05.

JPMorgan U.S. Quality Factor ETF 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.