Cerity Partners LLC Reduces Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Cerity Partners LLC reduced its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 21.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,780 shares of the company’s stock after selling 3,453 shares during the quarter. Cerity Partners LLC’s holdings in JPMorgan US Quality Factor ETF were worth $728,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JQUA. Titleist Asset Management LLC increased its position in shares of JPMorgan US Quality Factor ETF by 2.5% in the fourth quarter. Titleist Asset Management LLC now owns 193,203 shares of the company’s stock worth $11,065,000 after purchasing an additional 4,686 shares during the last quarter. Wedbush Securities Inc. grew its stake in JPMorgan US Quality Factor ETF by 10.4% in the 4th quarter. Wedbush Securities Inc. now owns 6,683 shares of the company’s stock worth $383,000 after buying an additional 630 shares in the last quarter. Thoroughbred Financial Services LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 5.0% in the 4th quarter. Thoroughbred Financial Services LLC now owns 50,524 shares of the company’s stock worth $2,893,000 after buying an additional 2,414 shares during the last quarter. World Investment Advisors raised its position in shares of JPMorgan US Quality Factor ETF by 19.6% during the 4th quarter. World Investment Advisors now owns 21,678 shares of the company’s stock valued at $1,241,000 after buying an additional 3,559 shares in the last quarter. Finally, Riggs Capital Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $6,214,000.

JPMorgan US Quality Factor ETF Stock Up 0.5 %

JQUA opened at $53.55 on Monday. The business’s fifty day simple moving average is $56.68 and its 200 day simple moving average is $57.71. JPMorgan US Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $60.79. The stock has a market cap of $5.37 billion, a PE ratio of 22.94 and a beta of 0.95.

JPMorgan US 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.