US Bancorp DE Trims Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

US Bancorp DE trimmed its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 54.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 581 shares of the company’s stock after selling 694 shares during the period. US Bancorp DE’s holdings in JPMorgan US Quality Factor ETF were worth $33,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the company. FPC Investment Advisory Inc. purchased a new stake in JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $29,000. CENTRAL TRUST Co purchased a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $47,000. Abound Wealth Management acquired a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $55,000. Fortitude Family Office LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 45.8% in the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after purchasing an additional 550 shares in the last quarter. Finally, New Republic Capital LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at about $107,000.

JPMorgan US Quality Factor ETF Trading Down 0.8 %

JQUA stock opened at $56.61 on Wednesday. JPMorgan US Quality Factor ETF has a 52 week low of $49.61 and a 52 week high of $60.79. The company has a market cap of $5.51 billion, a P/E ratio of 24.52 and a beta of 0.95. The company’s 50-day moving average price is $58.77 and its 200 day moving average price is $57.88.

JPMorgan US 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.