Teamwork Financial Advisors LLC Reduces Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Teamwork Financial Advisors LLC decreased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.5% in the 1st quarter, Holdings Channel.com reports. The fund owned 11,149 shares of the company’s stock after selling 899 shares during the quarter. Teamwork Financial Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $589,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Princeton Global Asset Management LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 1.0% in the fourth quarter. Princeton Global Asset Management LLC now owns 23,504 shares of the company’s stock valued at $1,125,000 after purchasing an additional 229 shares in the last quarter. Capital Advisors Ltd. LLC increased its position in shares of JPMorgan US Quality Factor ETF by 6.3% during the fourth quarter. Capital Advisors Ltd. LLC now owns 4,117 shares of the company’s stock worth $197,000 after acquiring an additional 243 shares during the period. Spire Wealth Management raised its stake in shares of JPMorgan US Quality Factor ETF by 2.0% in the fourth quarter. Spire Wealth Management now owns 18,122 shares of the company’s stock valued at $890,000 after acquiring an additional 348 shares in the last quarter. MorganRosel Wealth Management LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 0.5% in the fourth quarter. MorganRosel Wealth Management LLC now owns 111,538 shares of the company’s stock valued at $5,338,000 after acquiring an additional 549 shares in the last quarter. Finally, Future Financial Wealth Managment LLC boosted its holdings in JPMorgan US Quality Factor ETF by 1.8% in the first quarter. Future Financial Wealth Managment LLC now owns 33,021 shares of the company’s stock valued at $1,746,000 after purchasing an additional 574 shares during the period.

JPMorgan US Quality Factor ETF Stock Up 0.1 %

NYSEARCA JQUA traded up $0.06 during trading hours on Thursday, hitting $53.07. 240,807 shares of the company were exchanged, compared to its average volume of 594,664. The firm has a market cap of $4.30 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The company has a 50 day moving average of $52.11 and a two-hundred day moving average of $50.94. JPMorgan US Quality Factor ETF has a 52-week low of $41.37 and a 52-week high of $53.56.

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.