Perigon Wealth Management LLC Decreases Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Perigon Wealth Management LLC decreased its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 8.7% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 203,149 shares of the company’s stock after selling 19,389 shares during the period. Perigon Wealth Management LLC owned approximately 0.25% of JPMorgan US Quality Factor ETF worth $11,817,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JQUA. NewEdge Advisors LLC raised its stake in shares of JPMorgan US Quality Factor ETF by 2.8% in the 2nd quarter. NewEdge Advisors LLC now owns 342,447 shares of the company’s stock valued at $18,133,000 after acquiring an additional 9,453 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in JPMorgan US Quality Factor ETF by 16.8% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 819,358 shares of the company’s stock valued at $43,385,000 after purchasing an additional 117,799 shares in the last quarter. Saratoga Research & Investment Management purchased a new position in JPMorgan US Quality Factor ETF in the second quarter valued at about $579,000. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the second quarter worth about $109,000. Finally, 3Chopt Investment Partners LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 2.6% in the second quarter. 3Chopt Investment Partners LLC now owns 15,486 shares of the company’s stock valued at $820,000 after buying an additional 392 shares in the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA opened at $59.41 on Tuesday. The company has a market cap of $4.81 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a one year low of $49.08 and a one year high of $60.33. The business’s 50-day simple moving average is $58.57 and its 200 day simple moving average is $56.57.

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.