Concord Wealth Partners Lowers Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Concord Wealth Partners reduced its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.4% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 175,006 shares of the company’s stock after selling 2,407 shares during the quarter. JPMorgan US Quality Factor ETF comprises 1.6% of Concord Wealth Partners’ investment portfolio, making the stock its 17th biggest holding. Concord Wealth Partners’ holdings in JPMorgan US Quality Factor ETF were worth $10,023,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of JQUA. N.E.W. Advisory Services LLC raised its position in JPMorgan US Quality Factor ETF by 44.9% in the fourth quarter. N.E.W. Advisory Services LLC now owns 92,081 shares of the company’s stock worth $5,273,000 after acquiring an additional 28,514 shares in the last quarter. Heck Capital Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth $172,000. Fifth Third Securities Inc. increased its holdings in shares of JPMorgan US Quality Factor ETF by 6.4% in the 4th quarter. Fifth Third Securities Inc. now owns 44,926 shares of the company’s stock valued at $2,573,000 after purchasing an additional 2,701 shares in the last quarter. RVW Wealth LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 1.5% in the fourth quarter. RVW Wealth LLC now owns 797,250 shares of the company’s stock valued at $45,659,000 after purchasing an additional 11,588 shares during the period. Finally, Enzi Wealth grew its position in JPMorgan US Quality Factor ETF by 2.1% during the fourth quarter. Enzi Wealth now owns 136,571 shares of the company’s stock worth $8,092,000 after buying an additional 2,768 shares during the period.

JPMorgan US Quality Factor ETF Trading Down 0.6 %

JQUA stock opened at $59.57 on Friday. JPMorgan US Quality Factor ETF has a 12-month low of $49.08 and a 12-month high of $60.33. The company has a market cap of $4.82 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The firm has a 50 day moving average of $58.67 and a 200-day moving average of $56.69.

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.