Sequent Asset Management LLC Sells 5,120 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Sequent Asset Management LLC lessened its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 34.6% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 9,691 shares of the company’s stock after selling 5,120 shares during the period. Sequent Asset Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $548,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. Levy Wealth Management Group LLC lifted its position in JPMorgan US Quality Factor ETF by 15.6% in the 2nd quarter. Levy Wealth Management Group LLC now owns 634,321 shares of the company’s stock valued at $33,587,000 after acquiring an additional 85,617 shares in the last quarter. Atria Wealth Solutions Inc. boosted its position in JPMorgan US Quality Factor ETF by 29.9% in the second quarter. Atria Wealth Solutions Inc. now owns 17,047 shares of the company’s stock worth $903,000 after purchasing an additional 3,925 shares during the last quarter. Delos Wealth Advisors LLC boosted its position in JPMorgan US Quality Factor ETF by 82.5% in the first quarter. Delos Wealth Advisors LLC now owns 53,507 shares of the company’s stock worth $2,829,000 after purchasing an additional 24,189 shares during the last quarter. Onyx Bridge Wealth Group LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 1.1% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after purchasing an additional 1,210 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 3rd quarter valued at about $2,278,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of JPMorgan US Quality Factor ETF stock opened at $58.83 on Friday. JPMorgan US Quality Factor ETF has a 1-year low of $43.58 and a 1-year high of $58.95. The company’s fifty day simple moving average is $56.34 and its 200-day simple moving average is $54.02. The stock has a market capitalization of $4.76 billion, a PE ratio of 25.27 and a beta of 0.94.

JPMorgan US 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.