Envestnet Asset Management Inc. Lowers Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Envestnet Asset Management Inc. reduced its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.7% during the 2nd quarter, according to its most recent filing with the SEC. The firm owned 657,271 shares of the company’s stock after selling 25,014 shares during the quarter. Envestnet Asset Management Inc. owned about 0.81% of JPMorgan US Quality Factor ETF worth $34,803,000 as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Koesten Hirschmann & Crabtree INC. increased its stake in shares of JPMorgan US Quality Factor ETF by 145.5% during the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after acquiring an additional 320 shares during the period. International Assets Investment Management LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $36,000. Atlanta Consulting Group Advisors LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 1st quarter valued at approximately $86,000. Whittier Trust Co. of Nevada Inc. boosted its stake in shares of JPMorgan US Quality Factor ETF by 107.1% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 2,634 shares of the company’s stock valued at $139,000 after buying an additional 1,362 shares in the last quarter. Finally, EdgeRock Capital LLC acquired a new position in JPMorgan US Quality Factor ETF during the second quarter worth $155,000.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock opened at $56.21 on Friday. The company has a market cap of $4.55 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 $41.37 and a one year high of $56.50. The business has a fifty day moving average of $54.18 and a two-hundred day moving average of $52.79.

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.