JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Pinion Investment Advisors LLC

Pinion Investment Advisors LLC trimmed its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 52.4% during the second quarter, Holdings Channel.com reports. The firm owned 28,305 shares of the company’s stock after selling 31,153 shares during the period. Pinion Investment Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,700,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of JQUA. Continuum Advisory LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 775.0% during the 1st quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock worth $26,000 after acquiring an additional 403 shares in the last quarter. DHJJ Financial Advisors Ltd. raised its stake in JPMorgan U.S. Quality Factor ETF by 68.5% during the 1st quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock worth $33,000 after acquiring an additional 235 shares in the last quarter. Wagner Wealth Management LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 516.3% during the 1st quarter. Wagner Wealth Management LLC now owns 604 shares of the company’s stock worth $34,000 after acquiring an additional 506 shares in the last quarter. CX Institutional acquired a new stake in JPMorgan U.S. Quality Factor ETF during the 1st quarter worth $43,000. Finally, GPS Wealth Strategies Group LLC raised its stake in JPMorgan U.S. Quality Factor ETF by 49.9% during the 1st quarter. GPS Wealth Strategies Group LLC now owns 1,049 shares of the company’s stock worth $59,000 after acquiring an additional 349 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $62.85 on Friday. The company’s fifty day moving average price is $62.00 and its 200 day moving average price is $59.27. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $63.43. The firm has a market capitalization of $7.43 billion, a P/E ratio of 23.86 and a beta of 0.92.

About JPMorgan U.S. 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.