JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stock Position Cut by Gallacher Capital Management LLC

Gallacher Capital Management LLC trimmed its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.8% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 65,741 shares of the company’s stock after selling 1,193 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 1.8% of Gallacher Capital Management LLC’s investment portfolio, making the stock its 8th largest holding. Gallacher Capital Management LLC owned approximately 0.16% of JPMorgan US Quality Factor ETF worth $3,146,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of JQUA. Envestnet Portfolio Solutions Inc. acquired a new stake in JPMorgan US Quality Factor ETF in the third quarter worth about $320,322,000. First Citizens Bank & Trust Co. grew its position in JPMorgan US Quality Factor ETF by 26.8% during the 3rd 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 during the last quarter. Signaturefd LLC raised its holdings in shares of JPMorgan US Quality Factor ETF by 25.0% in the fourth quarter. Signaturefd LLC now owns 5,265,666 shares of the company’s stock worth $252,015,000 after buying an additional 1,052,055 shares during the last quarter. Savant Capital LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 3,420.3% during the fourth quarter. Savant Capital LLC now owns 2,004,627 shares of the company’s stock worth $95,941,000 after buying an additional 1,947,683 shares during the period. Finally, Sage Mountain Advisors LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 5.7% during the fourth quarter. Sage Mountain Advisors LLC now owns 1,481,609 shares of the company’s stock valued at $70,910,000 after buying an additional 80,286 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

JQUA stock traded up $0.50 during midday trading on Friday, reaching $50.74. The stock had a trading volume of 453,358 shares, compared to its average volume of 669,166. The firm has a fifty day simple moving average of $51.61 and a two-hundred day simple moving average of $48.66. JPMorgan US Quality Factor ETF has a 52-week low of $40.72 and a 52-week high of $53.03. The stock has a market cap of $4.05 billion, a PE ratio of 24.42 and a beta of 0.94.

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.