Global Retirement Partners LLC Decreases Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Global Retirement Partners LLC lowered its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.9% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,407 shares of the company’s stock after selling 6,224 shares during the quarter. Global Retirement Partners LLC’s holdings in JPMorgan US Quality Factor ETF were worth $2,200,000 as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. CENTRAL TRUST Co purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter worth $47,000. Abound Wealth Management purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter worth $55,000. Fortitude Family Office LLC purchased a new stake in JPMorgan US Quality Factor ETF in the 3rd quarter worth $68,000. New Republic Capital LLC purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter worth $107,000. Finally, Heck Capital Advisors LLC purchased a new stake in JPMorgan US Quality Factor ETF in the 4th quarter worth $172,000.

JPMorgan US Quality Factor ETF Stock Down 0.5 %

JPMorgan US Quality Factor ETF stock opened at $60.43 on Friday. The company’s 50-day moving average price is $58.81 and its 200-day moving average price is $57.34. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.79. The company has a market cap of $6.02 billion, a PE ratio of 25.89 and a beta of 0.95.

About JPMorgan US Quality Factor ETF

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.