Keystone Financial Group Sells 118,605 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Keystone Financial Group cut its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 38.8% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 187,038 shares of the company’s stock after selling 118,605 shares during the period. JPMorgan U.S. Quality Factor ETF comprises 0.9% of Keystone Financial Group’s portfolio, making the stock its 26th biggest position. Keystone Financial Group owned 0.16% of JPMorgan U.S. Quality Factor ETF worth $11,817,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of JQUA. Savant Capital LLC raised its position in JPMorgan U.S. Quality Factor ETF by 10.5% during the 3rd quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock valued at $582,579,000 after purchasing an additional 878,484 shares in the last quarter. JPMorgan Chase & Co. raised 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 valued at $127,575,000 after purchasing an additional 702,461 shares in the last quarter. Savvy Advisors Inc. raised its position in JPMorgan U.S. Quality Factor ETF by 64.4% during the 4th quarter. Savvy Advisors Inc. now owns 1,358,559 shares of the company’s stock valued at $85,834,000 after purchasing an additional 532,063 shares in the last quarter. Ameritas Advisory Services LLC raised its position in JPMorgan U.S. Quality Factor ETF by 266.7% during the 3rd quarter. Ameritas Advisory Services LLC now owns 401,081 shares of the company’s stock valued at $25,232,000 after purchasing an additional 291,693 shares in the last quarter. Finally, Raymond James Financial Inc. raised its position in JPMorgan U.S. Quality Factor ETF by 23.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock valued at $86,976,000 after purchasing an additional 271,538 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.3%

Shares of NYSEARCA:JQUA opened at $69.01 on Friday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $57.69 and a 12-month high of $69.12. The business’s fifty day simple moving average is $64.54 and its 200-day simple moving average is $63.84. The company has a market capitalization of $7.76 billion, a PE ratio of 23.86 and a beta of 0.90.

About JPMorgan U.S. 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.