Cobblestone Asset Management LLC Sells 72,173 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Cobblestone Asset Management LLC lowered its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 47.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 80,813 shares of the company’s stock after selling 72,173 shares during the period. JPMorgan U.S. Quality Factor ETF makes up 2.3% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 14th biggest holding. Cobblestone Asset Management LLC owned about 0.07% of JPMorgan U.S. Quality Factor ETF worth $5,106,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in JQUA. Parkworth Wealth Management Inc. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at about $55,000. Asset Dedication LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 840.0% during the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after buying an additional 840 shares during the period. DHJJ Financial Advisors Ltd. raised its stake in JPMorgan U.S. Quality Factor ETF by 56.4% during the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after buying an additional 326 shares during the period. MCF Advisors LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth approximately $57,000. Finally, Wealth Watch Advisors INC bought a new position in JPMorgan U.S. Quality Factor ETF in the third quarter worth approximately $57,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $61.32 on Wednesday. The stock has a market capitalization of $7.26 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 $64.90. The stock has a 50 day moving average price of $63.33 and a two-hundred day moving average price of $63.11.

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.