Raymond James Financial Services Advisors Inc. Has $3.03 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Raymond James Financial Services Advisors Inc. trimmed its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA – Get Rating) by 4.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,186 shares of the company’s stock after selling 3,312 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $3,030,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently made changes to their positions in JQUA. AE Wealth Management LLC raised its stake in JPMorgan US Quality Factor ETF by 1.1% during the 4th quarter. AE Wealth Management LLC now owns 23,798 shares of the company’s stock worth $922,000 after buying an additional 251 shares during the period. Roof Eidam & Maycock ADV grew its holdings in shares of JPMorgan US Quality Factor ETF by 0.6% in the third quarter. Roof Eidam & Maycock ADV now owns 77,366 shares of the company’s stock valued at $2,711,000 after acquiring an additional 446 shares in the last quarter. Lincoln National Corp grew its holdings in shares of JPMorgan US Quality Factor ETF by 0.8% in the third quarter. Lincoln National Corp now owns 70,712 shares of the company’s stock valued at $2,478,000 after acquiring an additional 563 shares in the last quarter. Orion Portfolio Solutions LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 12.3% in the first quarter. Orion Portfolio Solutions LLC now owns 6,157 shares of the company’s stock valued at $264,000 after acquiring an additional 675 shares in the last quarter. Finally, Strategic Wealth Advisors Group LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 2.0% in the third quarter. Strategic Wealth Advisors Group LLC now owns 34,861 shares of the company’s stock valued at $1,222,000 after acquiring an additional 680 shares in the last quarter.

JPMorgan US Quality Factor ETF Trading Down 0.0 %

Shares of NYSEARCA JQUA opened at $42.02 on Monday. The stock has a fifty day simple moving average of $40.97 and a two-hundred day simple moving average of $40.23. JPMorgan US Quality Factor ETF has a 1-year low of $34.47 and a 1-year high of $42.20. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 16.88 and a beta of 0.92.

About JPMorgan US Quality Factor ETF

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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.