Valued Retirements Inc. Sells 8,524 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Valued Retirements Inc. trimmed its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 74.1% in the second quarter, HoldingsChannel reports. The institutional investor owned 2,978 shares of the company’s stock after selling 8,524 shares during the period. Valued Retirements Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $215,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Operose Advisors LLC increased its position in shares of 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 valued at $38,000 after acquiring an additional 235 shares during the last quarter. Lloyd Advisory Services LLC. acquired a new position in JPMorgan U.S. Quality Factor ETF during the fourth quarter valued at approximately $39,000. Wealth Watch Advisors INC acquired a new position in JPMorgan U.S. Quality Factor ETF during the third quarter valued at approximately $57,000. Smartleaf Asset Management LLC boosted its position 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 valued at $63,000 after purchasing an additional 998 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of JPMorgan U.S. Quality Factor ETF during the 4th quarter worth approximately $71,000.

JPMorgan U.S. Quality Factor ETF Stock Up 0.9%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $74.79 on Friday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $59.70 and a 12-month high of $75.64. The stock has a market cap of $8.51 billion, a P/E ratio of 23.86 and a beta of 0.90. The business’s 50 day moving average is $73.18 and its 200-day moving average is $68.61.

JPMorgan U.S. 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.