Acorn Wealth Advisors LLC Sells 8,841 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Acorn Wealth Advisors LLC cut its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 34.8% during the 4th quarter, Holdings Channel reports. The firm owned 16,547 shares of the company’s stock after selling 8,841 shares during the period. Acorn Wealth Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,045,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently made changes to their positions in the business. Savant Capital LLC increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.8% during the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after purchasing an additional 996,453 shares during the period. Signaturefd LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.2% during the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock worth $344,583,000 after acquiring an additional 66,385 shares in the last quarter. Sage Mountain Advisors LLC boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 1.7% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock worth $185,721,000 after acquiring an additional 50,109 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 53.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock worth $127,575,000 after acquiring an additional 702,461 shares in the last quarter. Finally, Raymond James Financial Inc. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 16.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after acquiring an additional 243,540 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Up 0.7%

NYSEARCA JQUA opened at $71.06 on Friday. The firm has a market capitalization of $7.99 billion, a price-to-earnings ratio of 23.86 and a beta of 0.90. The firm’s 50 day simple moving average is $65.47 and its 200 day simple moving average is $64.18. JPMorgan U.S. Quality Factor ETF has a 1 year low of $58.18 and a 1 year high of $71.12.

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.