Wealthspire Advisors LLC Cuts Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Wealthspire Advisors LLC reduced its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,959 shares of the company’s stock after selling 2,164 shares during the quarter. Wealthspire Advisors LLC owned about 0.05% of JPMorgan US Quality Factor ETF worth $2,403,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also added to or reduced their stakes in the stock. FPC Investment Advisory Inc. purchased a new stake in JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $29,000. Sigma Planning Corp grew its holdings in JPMorgan US Quality Factor ETF by 3.6% during the 4th quarter. Sigma Planning Corp now owns 69,497 shares of the company’s stock valued at $3,980,000 after buying an additional 2,433 shares in the last quarter. Capital Advisory Group Advisory Services LLC grew its holdings in JPMorgan US Quality Factor ETF by 136.4% during the 4th quarter. Capital Advisory Group Advisory Services LLC now owns 22,532 shares of the company’s stock valued at $1,290,000 after buying an additional 13,001 shares in the last quarter. Able Wealth Management LLC grew its holdings in JPMorgan US Quality Factor ETF by 13.9% during the 4th quarter. Able Wealth Management LLC now owns 95,160 shares of the company’s stock valued at $5,450,000 after buying an additional 11,604 shares in the last quarter. Finally, Private Advisor Group LLC grew its holdings in JPMorgan US Quality Factor ETF by 30.6% during the 4th quarter. Private Advisor Group LLC now owns 232,771 shares of the company’s stock valued at $13,331,000 after buying an additional 54,587 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $59.47 on Monday. The company has a market capitalization of $5.92 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a one year low of $49.60 and a one year high of $60.79. The stock has a 50 day moving average price of $58.81 and a 200-day moving average price of $57.48.

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.