CAP Partners LLC Sells 13,163 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

CAP Partners LLC reduced its stake in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 29.8% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 30,976 shares of the company’s stock after selling 13,163 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up approximately 1.1% of CAP Partners LLC’s investment portfolio, making the stock its 25th largest position. CAP Partners LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,899,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in JQUA. Operose Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 65.5% during the 4th quarter. Operose Advisors LLC now owns 594 shares of the company’s stock valued at $38,000 after buying an additional 235 shares in the last quarter. Lloyd Advisory Services LLC. bought a new position in JPMorgan U.S. Quality Factor ETF in the 4th quarter worth about $39,000. Wealth Watch Advisors INC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth about $57,000. Smartleaf Asset Management LLC increased its position in shares of 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 purchased a new position in shares of JPMorgan U.S. Quality Factor ETF during the fourth quarter worth approximately $71,000.

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

Shares of JPMorgan U.S. Quality Factor ETF stock traded up $0.10 on Friday, hitting $72.48. 468,148 shares of the company traded hands, compared to its average volume of 798,973. The company has a market cap of $8.19 billion, a PE ratio of 23.86 and a beta of 0.91. The stock’s 50 day moving average price is $70.27 and its 200-day moving average price is $65.98. JPMorgan U.S. Quality Factor ETF has a 52 week low of $59.23 and a 52 week high of $72.66.

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.