Enzi Wealth Cuts Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Enzi Wealth reduced its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 76.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 32,919 shares of the company’s stock after selling 105,695 shares during the quarter. JPMorgan U.S. Quality Factor ETF accounts for approximately 0.7% of Enzi Wealth’s portfolio, making the stock its 21st largest holding. Enzi Wealth’s holdings in JPMorgan U.S. Quality Factor ETF were worth $2,115,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of JQUA. Savant Capital LLC lifted its stake in shares of JPMorgan U.S. Quality Factor ETF by 10.5% in the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock valued at $582,579,000 after acquiring an additional 878,484 shares during the last quarter. JPMorgan Chase & Co. grew its position in JPMorgan U.S. Quality Factor ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after acquiring an additional 702,461 shares during the last quarter. Warren Street Wealth Advisors LLC bought a new position in JPMorgan U.S. Quality Factor ETF during the 3rd quarter worth approximately $40,299,000. LVZ Inc. increased its stake in JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after purchasing an additional 325,663 shares during the period. Finally, Ameritas Advisory Services LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 266.7% in the 3rd quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock worth $25,232,000 after purchasing an additional 291,693 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $61.32 on Wednesday. The company has a market capitalization of $7.26 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two 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 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.