Princeton Global Asset Management LLC Cuts Stock Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Princeton Global Asset Management LLC lessened its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 18.9% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,537 shares of the company’s stock after selling 7,327 shares during the quarter. Princeton Global Asset Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,934,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Savant Capital LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 10.8% in the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after acquiring an additional 996,453 shares during the last quarter. Signaturefd LLC grew its position in JPMorgan U.S. Quality Factor ETF by 1.2% during the fourth quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after acquiring an additional 66,385 shares during the period. Morgan Stanley increased its stake in JPMorgan U.S. Quality Factor ETF by 11.0% during the fourth quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock worth $187,030,000 after acquiring an additional 293,117 shares during the last quarter. Sage Mountain Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 1.7% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock worth $185,721,000 after acquiring an additional 50,109 shares during the last quarter. Finally, Raymond James Financial Inc. increased its stake in JPMorgan U.S. Quality Factor ETF by 16.8% during the third quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after acquiring an additional 243,540 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JPMorgan U.S. Quality Factor ETF stock opened at $70.70 on Monday. The company has a market cap of $7.95 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 12 month low of $59.23 and a 12 month high of $72.31. The stock’s 50-day moving average is $68.99 and its 200-day moving average is $65.40.

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.