Hershey Financial Advisers LLC Trims Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Hershey Financial Advisers LLC reduced its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 54.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,436 shares of the company’s stock after selling 9,039 shares during the quarter. Hershey Financial Advisers LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $456,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of JQUA. D.A. Davidson & CO. increased its holdings in JPMorgan U.S. Quality Factor ETF by 13.6% in the 4th quarter. D.A. Davidson & CO. now owns 118,850 shares of the company’s stock worth $7,509,000 after acquiring an additional 14,215 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 71.9% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 313,401 shares of the company’s stock worth $19,801,000 after acquiring an additional 131,103 shares during the period. Breakwater Capital Group lifted its holdings in JPMorgan U.S. Quality Factor ETF by 11.4% during the fourth quarter. Breakwater Capital Group now owns 414,268 shares of the company’s stock valued at $26,173,000 after purchasing an additional 42,271 shares in the last quarter. Lawood & Co. purchased a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at approximately $7,875,000. Finally, Redhawk Wealth Advisors Inc. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 9.5% in the fourth quarter. Redhawk Wealth Advisors Inc. now owns 134,879 shares of the company’s stock worth $8,522,000 after purchasing an additional 11,670 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $71.64 on Friday. The stock has a fifty day simple moving average of $70.74 and a two-hundred day simple moving average of $66.26. The firm has a market capitalization of $8.11 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52-week low of $59.46 and a 52-week high of $72.66.

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.