Intrust Bank NA Has $2.21 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Intrust Bank NA lowered its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 38,551 shares of the company’s stock after selling 1,923 shares during the quarter. Intrust Bank NA’s holdings in JPMorgan US Quality Factor ETF were worth $2,208,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in JQUA. Cerity Partners LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the third quarter worth about $918,000. D.A. Davidson & CO. increased its position in JPMorgan US Quality Factor ETF by 4.2% in the 3rd quarter. D.A. Davidson & CO. now owns 19,870 shares of the company’s stock worth $1,124,000 after buying an additional 805 shares during the period. FMR LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 22.9% during the third quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after buying an additional 3,092 shares during the last quarter. Lavaca Capital LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the third quarter worth approximately $240,000. Finally, Benjamin Edwards Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter valued at approximately $7,380,000.

JPMorgan US Quality Factor ETF Trading Down 1.7 %

Shares of JQUA stock opened at $56.10 on Friday. The firm has a market capitalization of $5.44 billion, a P/E ratio of 24.30 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 1 year low of $49.61 and a 1 year high of $60.79. The firm’s fifty day simple moving average is $58.69 and its 200 day simple moving average is $57.97.

JPMorgan US Quality Factor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a dividend of $0.1591 per share. The ex-dividend date was Tuesday, March 25th.

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.