Teamwork Financial Advisors LLC Cuts Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Teamwork Financial Advisors LLC decreased its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 31.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,350 shares of the company’s stock after selling 2,981 shares during the period. Teamwork Financial Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $364,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. Janney Montgomery Scott LLC boosted its holdings in JPMorgan US Quality Factor ETF by 1.2% in the 4th quarter. Janney Montgomery Scott LLC now owns 220,404 shares of the company’s stock worth $12,623,000 after acquiring an additional 2,588 shares during the period. Bartlett & CO. Wealth Management LLC boosted its position in JPMorgan US Quality Factor ETF by 5.8% in the 4th quarter. Bartlett & CO. Wealth Management LLC now owns 364,087 shares of the company’s stock valued at $20,851,000 after buying an additional 19,975 shares during the last quarter. Lockerman Financial Group Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at approximately $333,000. M.E. Allison & CO. Inc. acquired a new position in JPMorgan US Quality Factor ETF during the 4th quarter worth $953,000. Finally, Ameritas Advisory Services LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 70.2% in the 4th quarter. Ameritas Advisory Services LLC now owns 415,597 shares of the company’s stock valued at $23,801,000 after purchasing an additional 171,453 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $59.25 on Thursday. The company has a market capitalization of $4.80 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $49.08 and a one year high of $60.33. The stock has a 50-day simple moving average of $58.47 and a 200 day simple moving average of $56.42.

JPMorgan US 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.