JPMorgan U.S. Quality Factor ETF $JQUA Stake Decreased by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. lowered its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 87.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,368 shares of the company’s stock after selling 103,910 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,111,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in JQUA. Operose Advisors LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 65.5% in the fourth quarter. Operose Advisors LLC now owns 594 shares of the company’s stock worth $38,000 after purchasing an additional 235 shares during the period. Lloyd Advisory Services LLC. acquired a new stake in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at $39,000. Wealth Watch Advisors INC bought a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at about $57,000. Smartleaf Asset Management LLC grew its holdings in JPMorgan U.S. Quality Factor ETF by 1,782.1% during the second quarter. Smartleaf Asset Management LLC now owns 1,054 shares of the company’s stock worth $63,000 after acquiring an additional 998 shares during the period. Finally, International Assets Investment Management LLC bought a new stake in JPMorgan U.S. Quality Factor ETF in the fourth quarter worth about $71,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.1%

Shares of NYSEARCA JQUA opened at $74.59 on Wednesday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $59.70 and a twelve month high of $74.95. The firm has a 50-day moving average of $71.86 and a two-hundred day moving average of $67.33. The company has a market capitalization of $8.48 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90.

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.