One Capital Management LLC Decreases Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

One Capital Management LLC cut its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 600,430 shares of the company’s stock after selling 22,720 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 1.1% of One Capital Management LLC’s holdings, making the stock its 26th largest position. One Capital Management LLC owned about 0.74% of JPMorgan US Quality Factor ETF worth $34,387,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. FPC Investment Advisory Inc. purchased a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth about $29,000. CENTRAL TRUST Co bought a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth about $47,000. Abound Wealth Management purchased a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth $55,000. Fortitude Family Office LLC increased its position in shares of JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after buying an additional 550 shares during the period. Finally, New Republic Capital LLC bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth $107,000.

JPMorgan US Quality Factor ETF Stock Up 0.9 %

JPMorgan US Quality Factor ETF stock opened at $58.64 on Thursday. The company has a market capitalization of $5.84 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.79. The stock’s 50 day moving average is $58.91 and its 200 day moving average is $57.75.

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.