Sage Advisory Services Ltd.Co. Sells 413,137 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Sage Advisory Services Ltd.Co. lowered its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 74.5% during the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 141,554 shares of the company’s stock after selling 413,137 shares during the quarter. JPMorgan US Quality Factor ETF accounts for about 4.8% of Sage Advisory Services Ltd.Co.’s portfolio, making the stock its 8th biggest holding. Sage Advisory Services Ltd.Co. owned 0.17% of JPMorgan US Quality Factor ETF worth $8,107,000 as of its most recent filing with the SEC.

Other institutional investors have also recently added to or reduced their stakes in the company. Savant Capital LLC lifted its holdings in JPMorgan US Quality Factor ETF by 21.6% in the 4th quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after purchasing an additional 1,104,556 shares in the last quarter. Wealth Enhancement Advisory Services LLC purchased a new position in JPMorgan US Quality Factor ETF in the 4th quarter valued at $36,676,000. LPL Financial LLC lifted its holdings in JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after purchasing an additional 510,409 shares in the last quarter. Mason & Associates Inc lifted its holdings in JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares in the last quarter. Finally, Spectrum Wealth Advisory Group LLC purchased a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $27,648,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $58.68 on Friday. The stock’s fifty day moving average is $58.88 and its two-hundred day moving average is $57.59. The firm has a market capitalization of $5.84 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $60.79.

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.