Global Retirement Partners LLC Cuts Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Global Retirement Partners LLC trimmed its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,407 shares of the company’s stock after selling 6,224 shares during the period. Global Retirement Partners LLC’s holdings in JPMorgan US Quality Factor ETF were worth $2,200,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in JQUA. Nations Financial Group Inc. IA ADV raised its stake in shares of JPMorgan US Quality Factor ETF by 1.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock valued at $1,081,000 after acquiring an additional 201 shares during the last quarter. Allworth Financial LP raised its stake in shares of JPMorgan US Quality Factor ETF by 5.6% during the third quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after acquiring an additional 258 shares during the last quarter. Baker Tilly Wealth Management LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 5.7% during the third quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after acquiring an additional 342 shares during the last quarter. Private Trust Co. NA raised its stake in shares of JPMorgan US Quality Factor ETF by 4.9% during the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after acquiring an additional 343 shares during the last quarter. Finally, Fortitude Family Office LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after acquiring an additional 550 shares during the last quarter.

JPMorgan US Quality Factor ETF Price Performance

JQUA stock opened at $60.43 on Friday. JPMorgan US Quality Factor ETF has a 1 year low of $49.60 and a 1 year high of $60.79. The company has a market cap of $6.02 billion, a P/E ratio of 25.89 and a beta of 0.95. The firm has a 50-day moving average of $58.81 and a 200 day moving average of $57.34.

About JPMorgan US Quality Factor ETF

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.