Sequent Asset Management LLC Buys 1,800 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Sequent Asset Management LLC lifted its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,811 shares of the company’s stock after acquiring an additional 1,800 shares during the quarter. Sequent Asset Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $709,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Envestnet Portfolio Solutions Inc. bought a new stake in JPMorgan US Quality Factor ETF in the third quarter worth approximately $320,322,000. Signaturefd LLC increased its holdings in JPMorgan US Quality Factor ETF by 2,302,419.7% in the third quarter. Signaturefd LLC now owns 4,213,611 shares of the company’s stock worth $182,323,000 after purchasing an additional 4,213,428 shares in the last quarter. Savant Capital LLC increased its holdings in JPMorgan US Quality Factor ETF by 3,420.3% in the fourth quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after purchasing an additional 1,947,683 shares in the last quarter. First Citizens Bank & Trust Co. increased its holdings in JPMorgan US Quality Factor ETF by 26.8% in the third quarter. First Citizens Bank & Trust Co. now owns 7,175,361 shares of the company’s stock worth $310,478,000 after purchasing an additional 1,515,698 shares in the last quarter. Finally, Sage Advisory Services Ltd.Co. bought a new stake in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $25,825,000.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock traded down $0.76 during mid-day trading on Tuesday, reaching $50.06. The stock had a trading volume of 333,408 shares, compared to its average volume of 677,705. JPMorgan US Quality Factor ETF has a fifty-two week low of $40.72 and a fifty-two week high of $53.03. The stock’s 50-day simple moving average is $51.67 and its 200-day simple moving average is $48.49. The firm has a market capitalization of $3.99 billion, a PE ratio of 24.42 and a beta of 0.94.

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.