Redhawk Wealth Advisors Inc. lessened its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) by 87.1% in the second quarter, Holdings Channel.com reports. The fund owned 15,368 shares of the company’s stock after selling 103,910 shares during the quarter. Redhawk Wealth Advisors Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,111,000 at the end of the most recent reporting period.
Other large investors have also modified their holdings of the company. D.A. Davidson & CO. lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 13.6% during the fourth quarter. D.A. Davidson & CO. now owns 118,850 shares of the company’s stock valued at $7,509,000 after purchasing an additional 14,215 shares during the last quarter. Lawood & Co. purchased a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth about $7,875,000. Able Wealth Management LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 19.2% in the 4th quarter. Able Wealth Management LLC now owns 226,731 shares of the company’s stock worth $14,325,000 after purchasing an additional 36,491 shares in the last quarter. TritonPoint Partners LLC purchased a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth about $697,000. Finally, Spectrum Wealth Advisory Group LLC raised its holdings in JPMorgan U.S. Quality Factor ETF by 2.4% during the 4th quarter. Spectrum Wealth Advisory Group LLC now owns 529,822 shares of the company’s stock worth $33,474,000 after buying an additional 12,501 shares during the period.
JPMorgan U.S. Quality Factor ETF Trading Down 0.1%
JQUA stock opened at $74.59 on Wednesday. JPMorgan U.S. Quality Factor ETF has a one year low of $59.70 and a one year high of $74.95. The firm has a market capitalization of $8.48 billion, a PE ratio of 23.86 and a beta of 0.90. The firm has a 50-day moving average of $71.86 and a two-hundred day moving average of $67.33.
JPMorgan U.S. 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.
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