Gentry Private Wealth LLC Lowers Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Gentry Private Wealth LLC decreased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 21.5% in the third quarter, Holdings Channel reports. The firm owned 91,759 shares of the company’s stock after selling 25,091 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 4.2% of Gentry Private Wealth LLC’s portfolio, making the stock its 3rd biggest holding. Gentry Private Wealth LLC’s holdings in JPMorgan US Quality Factor ETF were worth $5,191,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Savant Capital LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 26.2% in the 2nd quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock valued at $150,825,000 after buying an additional 590,900 shares during the period. LPL Financial LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 16.9% in the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after purchasing an additional 510,409 shares during the period. Spectrum Wealth Advisory Group LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter valued at $27,648,000. Tull Financial Group Inc. bought a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth approximately $24,025,000. Finally, Goldstone Financial Group LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the third quarter valued at about $23,250,000.

JPMorgan US Quality Factor ETF Trading Up 0.8 %

Shares of JPMorgan US Quality Factor ETF stock opened at $59.18 on Friday. The company has a 50 day moving average of $57.05 and a 200-day moving average of $54.59. The company has a market cap of $4.79 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 1-year low of $45.42 and a 1-year high of $59.22.

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.