Horizon Advisory Services Inc. Sells 467,637 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Horizon Advisory Services Inc. decreased its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 99.1% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,081 shares of the company’s stock after selling 467,637 shares during the quarter. Horizon Advisory Services Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $234,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JQUA. WealthShield Partners LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 3.2% during the fourth quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock worth $1,346,000 after purchasing an additional 737 shares during the period. MONECO Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $202,000. FPC Investment Advisory Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $29,000. Sigma Planning Corp lifted its holdings in shares of JPMorgan US Quality Factor ETF by 3.6% during the fourth quarter. Sigma Planning Corp now owns 69,497 shares of the company’s stock worth $3,980,000 after purchasing an additional 2,433 shares during the period. Finally, Capital Advisory Group Advisory Services LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 136.4% during the fourth quarter. Capital Advisory Group Advisory Services LLC now owns 22,532 shares of the company’s stock worth $1,290,000 after purchasing an additional 13,001 shares during the period.

JPMorgan US Quality Factor ETF Stock Down 0.1 %

Shares of NYSEARCA JQUA opened at $59.41 on Tuesday. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.79. The firm has a fifty day simple moving average of $58.81 and a 200 day simple moving average of $57.52. The company has a market capitalization of $5.92 billion, a PE ratio of 25.89 and a beta of 0.95.

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.