JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stock Position Trimmed by Annex Advisory Services LLC

Annex Advisory Services LLC trimmed its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 2,368,039 shares of the company’s stock after selling 204,283 shares during the quarter. JPMorgan US Quality Factor ETF comprises 4.1% of Annex Advisory Services LLC’s holdings, making the stock its 4th largest position. Annex Advisory Services LLC owned approximately 2.93% of JPMorgan US Quality Factor ETF worth $135,618,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of JQUA. Kayne Anderson Rudnick Investment Management LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter valued at approximately $34,000. EverSource Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the second quarter valued at $44,000. Abound Wealth Management purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter valued at $55,000. Fortitude Family Office LLC purchased a new stake in JPMorgan US Quality Factor ETF in the third quarter valued at $68,000. Finally, EP Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth about $109,000.

JPMorgan US Quality Factor ETF Stock Up 0.6 %

Shares of JQUA stock opened at $58.49 on Monday. JPMorgan US Quality Factor ETF has a 52-week low of $48.03 and a 52-week high of $60.33. The stock has a market cap of $4.73 billion, a PE ratio of 25.27 and a beta of 0.94. The business has a 50-day simple moving average of $58.46 and a 200-day simple moving average of $56.33.

JPMorgan US 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.