Intelligence Driven Advisers LLC Lowers Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Intelligence Driven Advisers LLC reduced its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 40.7% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 117,579 shares of the company’s stock after selling 80,665 shares during the period. JPMorgan US Quality Factor ETF makes up about 0.9% of Intelligence Driven Advisers LLC’s holdings, making the stock its 17th largest position. Intelligence Driven Advisers LLC owned about 0.28% of JPMorgan US Quality Factor ETF worth $5,775,000 as of its most recent filing with the SEC.

Other institutional investors also recently made changes to their positions in the company. CWM LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 66,500.0% during the 4th quarter. CWM LLC now owns 666 shares of the company’s stock worth $32,000 after purchasing an additional 665 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $55,000. Pinnacle Bancorp Inc. purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $59,000. Whittier Trust Co. of Nevada Inc. purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $61,000. Finally, Rosenberg Matthew Hamilton purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $69,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA JQUA traded up $0.25 during trading on Thursday, hitting $50.16. 215,972 shares of the company were exchanged, compared to its average volume of 669,747. The company has a market cap of $4.00 billion, a price-to-earnings ratio of 24.42 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1 year low of $40.72 and a 1 year high of $53.03. The firm’s fifty day moving average price is $51.65 and its 200 day moving average price is $48.54.

About JPMorgan US 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.