Horizon Advisory Services Inc. Sells 11,157 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Horizon Advisory Services Inc. cut its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.3% during the 2nd quarter, Holdings Channel reports. The firm owned 478,809 shares of the company’s stock after selling 11,157 shares during the period. JPMorgan US Quality Factor ETF comprises approximately 12.1% of Horizon Advisory Services Inc.’s investment portfolio, making the stock its 4th biggest holding. Horizon Advisory Services Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $25,353,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of JQUA. Advisory Services Network LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $250,000. Stifel Financial Corp grew its position in shares of JPMorgan US Quality Factor ETF by 1,527.1% in the fourth quarter. Stifel Financial Corp now owns 300,386 shares of the company’s stock valued at $14,376,000 after purchasing an additional 281,925 shares during the last quarter. Bank of Nova Scotia boosted its position in JPMorgan US Quality Factor ETF by 17.7% during the fourth quarter. Bank of Nova Scotia now owns 29,300 shares of the company’s stock worth $1,402,000 after acquiring an additional 4,410 shares during the last quarter. Annex Advisory Services LLC acquired a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth approximately $80,892,000. Finally, Enzi Wealth boosted its position in JPMorgan US Quality Factor ETF by 10.5% during the fourth quarter. Enzi Wealth now owns 134,852 shares of the company’s stock worth $6,766,000 after acquiring an additional 12,787 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $56.45 on Friday. JPMorgan US Quality Factor ETF has a 1 year low of $41.37 and a 1 year high of $56.72. The firm’s 50 day moving average price is $54.45 and its 200 day moving average price is $52.96. The firm has a market cap of $4.57 billion, a P/E ratio of 25.27 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.