JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stock Position Lowered by Cobblestone Asset Management LLC

Cobblestone Asset Management LLC trimmed its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 4.7% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 153,544 shares of the company’s stock after selling 7,608 shares during the period. JPMorgan US Quality Factor ETF makes up 5.7% of Cobblestone Asset Management LLC’s investment portfolio, making the stock its 4th biggest holding. Cobblestone Asset Management LLC owned approximately 0.19% of JPMorgan US Quality Factor ETF worth $8,793,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. EverSource Wealth Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the second quarter valued at approximately $44,000. Abound Wealth Management bought a new position in JPMorgan US Quality Factor ETF in the 4th quarter valued at $55,000. Fortitude Family Office LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 3rd quarter valued at $68,000. EP Wealth Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF in the second quarter worth $109,000. Finally, PDS Planning Inc purchased a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter worth $217,000.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA:JQUA opened at $59.42 on Monday. JPMorgan US Quality Factor ETF has a 52-week low of $49.08 and a 52-week high of $60.33. The stock has a fifty day moving average of $58.54 and a 200 day moving average of $56.53. The firm has a market capitalization of $4.81 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.