MorganRosel Wealth Management LLC Lowers Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

MorganRosel Wealth Management LLC reduced its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 112,230 shares of the company’s stock after selling 1,629 shares during the period. JPMorgan US Quality Factor ETF comprises about 2.1% of MorganRosel Wealth Management LLC’s holdings, making the stock its 16th largest holding. MorganRosel Wealth Management LLC owned about 0.14% of JPMorgan US Quality Factor ETF worth $6,427,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Savant Capital LLC boosted its holdings in JPMorgan US Quality Factor ETF by 21.6% in the fourth quarter. Savant Capital LLC now owns 6,224,628 shares of the company’s stock valued at $356,484,000 after purchasing an additional 1,104,556 shares during the period. LPL Financial LLC boosted its holdings in JPMorgan US Quality Factor ETF by 16.9% in the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after purchasing an additional 510,409 shares during the period. ST Germain D J Co. Inc. boosted its holdings in JPMorgan US Quality Factor ETF by 1.7% in the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock valued at $153,647,000 after purchasing an additional 44,726 shares during the period. Townsquare Capital LLC boosted its holdings in JPMorgan US Quality Factor ETF by 6.1% in the third quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock valued at $80,047,000 after purchasing an additional 81,577 shares during the period. Finally, Mason & Associates Inc boosted its holdings in JPMorgan US Quality Factor ETF by 57.4% in the fourth quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after purchasing an additional 494,630 shares during the period.

JPMorgan US Quality Factor ETF Trading Down 0.1 %

NYSEARCA:JQUA opened at $59.41 on Tuesday. The firm has a market cap of $5.92 billion, a PE ratio of 25.89 and a beta of 0.95. The stock has a fifty day moving average price of $58.81 and a 200 day moving average price of $57.52. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.79.

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.