Mutual Advisors LLC Lowers Stock Holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA)

Mutual Advisors LLC reduced its holdings in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.6% during the 1st quarter, Holdings Channel reports. The firm owned 51,552 shares of the company’s stock after selling 842 shares during the quarter. Mutual Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $2,859,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in JQUA. LPL Financial LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 5.3% during the 4th quarter. LPL Financial LLC now owns 3,726,426 shares of the company’s stock valued at $213,412,000 after buying an additional 187,110 shares in the last quarter. ST Germain D J Co. Inc. raised its position in JPMorgan U.S. Quality Factor ETF by 4.7% during the first quarter. ST Germain D J Co. Inc. now owns 2,810,131 shares of the company’s stock worth $158,688,000 after acquiring an additional 127,276 shares during the period. Sage Mountain Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 34.2% during the fourth quarter. Sage Mountain Advisors LLC now owns 2,404,155 shares of the company’s stock valued at $137,686,000 after purchasing an additional 612,953 shares in the last quarter. Commonwealth Equity Services LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 18.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,298,163 shares of the company’s stock valued at $74,346,000 after purchasing an additional 202,309 shares during the period. Finally, Quadcap Wealth Management LLC increased its stake in shares of JPMorgan U.S. Quality Factor ETF by 13.9% during the fourth quarter. Quadcap Wealth Management LLC now owns 1,291,912 shares of the company’s stock worth $73,988,000 after purchasing an additional 158,131 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.9%

JQUA opened at $60.84 on Friday. The company has a market cap of $6.37 billion, a PE ratio of 24.59 and a beta of 0.92. JPMorgan U.S. Quality Factor ETF has a twelve month low of $49.25 and a twelve month high of $60.86. The company has a 50-day moving average price of $58.55 and a 200 day moving average price of $57.76.

JPMorgan U.S. 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.