PNC Financial Services Group Inc. Decreases Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

PNC Financial Services Group Inc. decreased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 42.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,339 shares of the company’s stock after selling 6,075 shares during the period. PNC Financial Services Group Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $478,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Principal Securities Inc. lifted its holdings in JPMorgan US Quality Factor ETF by 14,782.1% in the 4th quarter. Principal Securities Inc. now owns 4,167 shares of the company’s stock valued at $239,000 after purchasing an additional 4,139 shares in the last quarter. FMR LLC lifted its holdings in JPMorgan US Quality Factor ETF by 22.9% in the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock valued at $940,000 after purchasing an additional 3,092 shares in the last quarter. Sanchez Wealth Management Group lifted its holdings in JPMorgan US Quality Factor ETF by 3.6% in 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 in the last quarter. Cerity Partners LLC purchased a new position in JPMorgan US Quality Factor ETF in the 3rd quarter valued at $918,000. Finally, Gladstone Institutional Advisory LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth $274,000.

JPMorgan US Quality Factor ETF Stock Up 0.8 %

Shares of JQUA opened at $57.06 on Thursday. JPMorgan US Quality Factor ETF has a 52-week low of $49.61 and a 52-week high of $60.79. The company has a market capitalization of $5.55 billion, a PE ratio of 24.52 and a beta of 0.95. The stock has a fifty day simple moving average of $58.76 and a two-hundred day simple moving average of $57.87.

JPMorgan US Quality Factor ETF Company 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.