FDx Advisors Inc. Decreases Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

FDx Advisors Inc. trimmed its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 26.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 80,764 shares of the company’s stock after selling 29,315 shares during the quarter. JPMorgan US Quality Factor ETF accounts for approximately 1.4% of FDx Advisors Inc.’s holdings, making the stock its 21st biggest holding. FDx Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $4,625,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. FMR LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 22.9% in the third quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after buying an additional 3,092 shares during the period. Sequoia Financial Advisors LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the third quarter worth $2,278,000. Sanchez Wealth Management Group increased its position in JPMorgan US Quality Factor ETF by 3.6% during the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock valued at $16,084,000 after purchasing an additional 9,767 shares during the period. Cerity Partners LLC purchased a new position in JPMorgan US Quality Factor ETF during the 3rd quarter valued at $918,000. Finally, PFG Investments LLC purchased a new position in JPMorgan US Quality Factor ETF during the 4th quarter valued at $418,000.

JPMorgan US Quality Factor ETF Trading Down 0.5 %

Shares of JPMorgan US Quality Factor ETF stock opened at $60.43 on Friday. The company’s fifty day simple moving average is $58.81 and its two-hundred day simple moving average is $57.34. The company has a market cap of $6.02 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.79.

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.