Retirement Planning Group LLC Sells 548,018 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Retirement Planning Group LLC lessened its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 94.0% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 34,916 shares of the company’s stock after selling 548,018 shares during the period. Retirement Planning Group LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $2,577,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Quadcap Wealth Management LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 2.9% in the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after purchasing an additional 34,752 shares during the last quarter. RVW Wealth LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $74,549,000. Avidian Wealth Enterprises LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at $73,013,000. Cetera Investment Advisers increased its position in shares of JPMorgan U.S. Quality Factor ETF by 41.7% during the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after purchasing an additional 303,867 shares during the last quarter. Finally, LVZ Inc. increased its position in shares of JPMorgan U.S. Quality Factor ETF by 1.6% during the 1st quarter. LVZ Inc. now owns 1,017,280 shares of the company’s stock valued at $62,380,000 after purchasing an additional 15,791 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $75.87 on Wednesday. The firm has a market cap of $9.30 billion, a PE ratio of 23.86 and a beta of 0.90. JPMorgan U.S. Quality Factor ETF has a 1 year low of $59.70 and a 1 year high of $76.06. The stock has a fifty day moving average price of $74.59 and a 200-day moving average price of $71.31.

JPMorgan U.S. Quality Factor ETF 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.