JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by Beaumont Financial Advisors LLC

Beaumont Financial Advisors LLC lowered its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 493,904 shares of the company’s stock after selling 12,225 shares during the period. JPMorgan US Quality Factor ETF makes up about 2.1% of Beaumont Financial Advisors LLC’s investment portfolio, making the stock its 11th largest position. Beaumont Financial Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $28,286,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JQUA. Allworth Financial LP increased its position in JPMorgan US Quality Factor ETF by 5.6% during the 3rd quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock worth $273,000 after purchasing an additional 258 shares during the period. Baker Tilly Wealth Management LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 5.7% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after purchasing an additional 342 shares in the last quarter. Private Trust Co. NA boosted its holdings in JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after buying an additional 343 shares in the last quarter. Patten Group Inc. increased its holdings in JPMorgan US Quality Factor ETF by 4.2% in the third quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock valued at $510,000 after buying an additional 366 shares in the last quarter. Finally, 3Chopt Investment Partners LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 2.6% in the 2nd quarter. 3Chopt Investment Partners LLC now owns 15,486 shares of the company’s stock worth $820,000 after acquiring an additional 392 shares during the period.

JPMorgan US Quality Factor ETF Stock Up 1.0 %

Shares of JQUA stock opened at $59.08 on Wednesday. The stock has a market cap of $4.78 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.08 and a fifty-two week high of $60.33. The business has a fifty day simple moving average of $58.46 and a 200-day simple moving average of $56.40.

JPMorgan US 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.