Intelligence Driven Advisers LLC Sells 35,314 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Intelligence Driven Advisers LLC lessened its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 33.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 71,618 shares of the company’s stock after selling 35,314 shares during the period. JPMorgan US Quality Factor ETF makes up about 0.8% of Intelligence Driven Advisers LLC’s portfolio, making the stock its 19th largest holding. Intelligence Driven Advisers LLC owned approximately 0.09% of JPMorgan US Quality Factor ETF worth $4,102,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in JQUA. TFC Financial Management Inc. lifted its position in shares of JPMorgan US Quality Factor ETF by 2.7% during the 4th quarter. TFC Financial Management Inc. now owns 634,416 shares of the company’s stock worth $36,333,000 after buying an additional 16,470 shares during the last quarter. Three Bridge Wealth Advisors LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $475,000. Avidian Wealth Enterprises LLC increased its position in JPMorgan US Quality Factor ETF by 5.2% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 691,132 shares of the company’s stock worth $39,581,000 after purchasing an additional 34,027 shares in the last quarter. Gladstone Institutional Advisory LLC bought a new position in JPMorgan US Quality Factor ETF in the 4th quarter valued at approximately $274,000. Finally, CAP Partners LLC boosted its position in JPMorgan US Quality Factor ETF by 2.3% in the fourth quarter. CAP Partners LLC now owns 35,038 shares of the company’s stock valued at $2,007,000 after buying an additional 783 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $59.97 on Thursday. JPMorgan US Quality Factor ETF has a 52-week low of $49.60 and a 52-week high of $60.42. The company has a market capitalization of $4.85 billion, a PE ratio of 25.27 and a beta of 0.94. The company has a fifty day moving average of $58.70 and a 200-day moving average of $57.06.

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.