Perigon Wealth Management LLC Cuts Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Perigon Wealth Management LLC lowered its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.8% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 160,793 shares of the company’s stock after selling 8,193 shares during the period. Perigon Wealth Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $10,115,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Atlantic Union Bankshares Corp bought a new position in JPMorgan U.S. Quality Factor ETF during the 2nd quarter worth approximately $25,000. Harbour Investments Inc. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 26.5% during the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after purchasing an additional 190 shares during the period. Parkworth Wealth Management Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the second quarter worth approximately $55,000. Asset Dedication LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 840.0% in the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after purchasing an additional 840 shares during the last quarter. Finally, Hughes Financial Services LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 204.1% in the second quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock worth $59,000 after buying an additional 649 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Up 0.0%

Shares of JQUA opened at $64.05 on Friday. The stock has a market capitalization of $7.62 billion, a P/E ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.35. The firm has a fifty day simple moving average of $62.84 and a two-hundred day simple moving average of $61.79.

JPMorgan U.S. Quality Factor ETF Company 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.