D Orazio & Associates Inc. Sells 8,360 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

D Orazio & Associates Inc. reduced its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 257,028 shares of the company’s stock after selling 8,360 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for about 2.1% of D Orazio & Associates Inc.’s holdings, making the stock its 12th biggest position. D Orazio & Associates Inc. owned approximately 0.22% of JPMorgan U.S. Quality Factor ETF worth $16,170,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JQUA. Avidian Wealth Enterprises LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 2.8% during the third quarter. Avidian Wealth Enterprises LLC now owns 720,681 shares of the company’s stock worth $45,338,000 after purchasing an additional 19,436 shares during the period. Hershey Financial Advisers LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the second quarter valued at approximately $1,066,000. Beacon Pointe Advisors LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the 2nd quarter valued at approximately $2,308,000. HighTower Advisors LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 13.4% in the 3rd quarter. HighTower Advisors LLC now owns 385,333 shares of the company’s stock worth $24,242,000 after buying an additional 45,556 shares during the period. Finally, Able Wealth Management LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 50.8% in the 3rd quarter. Able Wealth Management LLC now owns 190,240 shares of the company’s stock valued at $11,968,000 after buying an additional 64,063 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JQUA stock opened at $63.85 on Friday. The company’s fifty day simple moving average is $63.92 and its two-hundred day simple moving average is $62.85. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $64.90. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93.

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.