Wealth Enhancement Advisory Services LLC Sells 48,218 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Wealth Enhancement Advisory Services LLC trimmed its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 6.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 654,676 shares of the company’s stock after selling 48,218 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $41,055,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. Atlantic Union Bankshares Corp bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the second quarter valued at $25,000. Harbour Investments Inc. raised its stake in JPMorgan U.S. Quality Factor ETF by 26.5% in the 2nd quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock valued at $54,000 after acquiring an additional 190 shares during the period. Parkworth Wealth Management Inc. purchased a new stake in JPMorgan U.S. Quality Factor ETF during the second quarter valued at about $55,000. Asset Dedication LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 840.0% during the second quarter. Asset Dedication LLC now owns 940 shares of the company’s stock worth $56,000 after purchasing an additional 840 shares during the period. Finally, DHJJ Financial Advisors Ltd. increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 56.4% in the third quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after purchasing an additional 326 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 1.3%

NYSEARCA JQUA opened at $63.42 on Wednesday. The company’s 50 day moving average is $63.26 and its 200-day moving average is $62.34. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $64.82. The firm has a market cap of $7.57 billion, a P/E ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. 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.