JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Sage Advisory Services Ltd.Co.

Sage Advisory Services Ltd.Co. trimmed its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 45.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 77,455 shares of the company’s stock after selling 64,447 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for 2.5% of Sage Advisory Services Ltd.Co.’s holdings, making the stock its 14th biggest position. Sage Advisory Services Ltd.Co.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $4,651,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Envestnet Asset Management Inc. boosted its holdings in JPMorgan U.S. Quality Factor ETF by 2.0% in the 1st quarter. Envestnet Asset Management Inc. now owns 653,937 shares of the company’s stock worth $36,928,000 after buying an additional 12,886 shares during the last quarter. Crossmark Global Holdings Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the first quarter worth about $207,000. Allworth Financial LP boosted its position in JPMorgan U.S. Quality Factor ETF by 3,760.3% during the first quarter. Allworth Financial LP now owns 236,752 shares of the company’s stock worth $13,073,000 after acquiring an additional 230,619 shares during the last quarter. Cerity Partners LLC boosted its position in JPMorgan U.S. Quality Factor ETF by 1.7% during the first quarter. Cerity Partners LLC now owns 12,998 shares of the company’s stock worth $734,000 after acquiring an additional 218 shares during the last quarter. Finally, Weil Company Inc. grew its stake in JPMorgan U.S. Quality Factor ETF by 66.8% during the 1st quarter. Weil Company Inc. now owns 101,564 shares of the company’s stock valued at $5,735,000 after acquiring an additional 40,677 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA opened at $61.63 on Friday. The firm has a market capitalization of $7.33 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. The company’s 50 day simple moving average is $62.55 and its two-hundred day simple moving average is $60.45. JPMorgan U.S. Quality Factor ETF has a 1-year low of $49.25 and a 1-year high of $63.74.

JPMorgan U.S. Quality Factor ETF Company 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.