JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Private Advisor Group LLC

Private Advisor Group LLC cut its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 3.3% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 264,632 shares of the company’s stock after selling 9,047 shares during the quarter. Private Advisor Group LLC owned about 0.22% of JPMorgan U.S. Quality Factor ETF worth $16,648,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Atlantic Union Bankshares Corp purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF during the second quarter worth about $25,000. Parkworth Wealth Management Inc. purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the 2nd quarter valued at approximately $55,000. Asset Dedication LLC raised its position in shares of JPMorgan U.S. Quality Factor ETF by 840.0% in the 2nd quarter. Asset Dedication LLC now owns 940 shares of the company’s stock valued at $56,000 after purchasing an additional 840 shares during the last quarter. DHJJ Financial Advisors Ltd. boosted its stake in JPMorgan U.S. Quality Factor ETF by 56.4% in the 3rd quarter. DHJJ Financial Advisors Ltd. now owns 904 shares of the company’s stock worth $57,000 after purchasing an additional 326 shares in the last quarter. Finally, MCF Advisors LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth approximately $57,000.

JPMorgan U.S. Quality Factor ETF Trading Down 0.7%

NYSEARCA:JQUA opened at $63.29 on Wednesday. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $64.90. The company has a market cap of $7.50 billion, a PE ratio of 23.86 and a beta of 0.93. The company’s 50 day moving average is $63.98 and its two-hundred day moving average is $63.13.

JPMorgan U.S. 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.