JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by First Citizens Bank & Trust Co.

First Citizens Bank & Trust Co. lowered its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 35.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 49,988 shares of the company’s stock after selling 28,054 shares during the period. First Citizens Bank & Trust Co. owned 0.06% of JPMorgan US Quality Factor ETF worth $2,863,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in JQUA. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at $36,676,000. LPL Financial LLC lifted its position in JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares during the period. Mason & Associates Inc lifted its position in JPMorgan US Quality Factor ETF by 57.4% during the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock worth $77,638,000 after buying an additional 494,630 shares during the period. Spectrum Wealth Advisory Group LLC purchased a new position in JPMorgan US Quality Factor ETF during the third quarter worth about $27,648,000. Finally, Tull Financial Group Inc. purchased a new position in JPMorgan US Quality Factor ETF during the third quarter worth about $24,025,000.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

NYSEARCA JQUA opened at $59.42 on Monday. The business’s 50-day moving average price is $58.54 and its 200 day moving average price is $56.53. JPMorgan US Quality Factor ETF has a twelve month low of $49.08 and a twelve month high of $60.33. The company has a market capitalization of $4.81 billion, a PE ratio of 25.27 and a beta of 0.94.

About JPMorgan US Quality Factor ETF

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.