JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stock Position Reduced by Teamwork Financial Advisors LLC

Teamwork Financial Advisors LLC lessened its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 31.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 6,350 shares of the company’s stock after selling 2,981 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $364,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JQUA. Janney Montgomery Scott LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 1.2% in the fourth quarter. Janney Montgomery Scott LLC now owns 220,404 shares of the company’s stock worth $12,623,000 after acquiring an additional 2,588 shares during the last quarter. Bartlett & CO. Wealth Management LLC increased its holdings in JPMorgan US Quality Factor ETF by 5.8% in the fourth quarter. Bartlett & CO. Wealth Management LLC now owns 364,087 shares of the company’s stock worth $20,851,000 after buying an additional 19,975 shares during the last quarter. Lockerman Financial Group Inc. bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $333,000. M.E. Allison & CO. Inc. acquired a new stake in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $953,000. Finally, Ameritas Advisory Services LLC grew its position in JPMorgan US Quality Factor ETF by 70.2% in the fourth quarter. Ameritas Advisory Services LLC now owns 415,597 shares of the company’s stock worth $23,801,000 after acquiring an additional 171,453 shares in the last quarter.

JPMorgan US Quality Factor ETF Trading Up 0.3 %

JPMorgan US Quality Factor ETF stock opened at $59.25 on Thursday. JPMorgan US Quality Factor ETF has a 1-year low of $49.08 and a 1-year high of $60.33. The firm’s fifty day simple moving average is $58.47 and its 200-day simple moving average is $56.42. The company has a market capitalization of $4.80 billion, a P/E ratio of 25.27 and a beta of 0.94.

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.