JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Facet Wealth Inc.

Facet Wealth Inc. trimmed its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.5% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 895,424 shares of the company’s stock after selling 22,947 shares during the period. JPMorgan U.S. Quality Factor ETF makes up 1.2% of Facet Wealth Inc.’s portfolio, making the stock its 18th biggest position. Facet Wealth Inc. owned 0.75% of JPMorgan U.S. Quality Factor ETF worth $56,331,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Norden Group LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.4% during the second quarter. Norden Group LLC now owns 9,524 shares of the company’s stock valued at $572,000 after acquiring an additional 1,992 shares in the last quarter. Octavia Wealth Advisors LLC increased its holdings in JPMorgan U.S. Quality Factor ETF by 8.5% during the 2nd quarter. Octavia Wealth Advisors LLC now owns 324,598 shares of the company’s stock worth $19,492,000 after purchasing an additional 25,485 shares during the last quarter. Beaumont Financial Advisors LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 56.9% in the 2nd quarter. Beaumont Financial Advisors LLC now owns 558,731 shares of the company’s stock valued at $33,552,000 after purchasing an additional 202,594 shares in the last quarter. Destiny Wealth Partners LLC acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF during the second quarter worth approximately $4,408,000. Finally, Kathmere Capital Management LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 3.4% in the second quarter. Kathmere Capital Management LLC now owns 60,052 shares of the company’s stock valued at $3,606,000 after acquiring an additional 1,967 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $64.31 on Friday. The firm has a fifty day moving average of $63.33 and a two-hundred day moving average of $62.36. The firm has a market cap of $7.68 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 1-year low of $49.25 and a 1-year high of $64.82.

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.