JPMorgan U.S. Quality Factor ETF $JQUA Stock Holdings Lessened by Financial Advocates Investment Management

Financial Advocates Investment Management lessened its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 4.3% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 62,080 shares of the company’s stock after selling 2,775 shares during the period. Financial Advocates Investment Management’s holdings in JPMorgan U.S. Quality Factor ETF were worth $3,728,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Atlantic Union Bankshares Corp acquired a new position in JPMorgan U.S. Quality Factor ETF in the second quarter valued at approximately $25,000. Harbour Investments Inc. increased its position in JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after buying an additional 190 shares during the period. Hughes Financial Services LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 204.1% in the second quarter. Hughes Financial Services LLC now owns 967 shares of the company’s stock valued at $59,000 after buying an additional 649 shares during the last quarter. GPS Wealth Strategies Group LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 19.2% during the second quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock valued at $75,000 after acquiring an additional 201 shares during the period. Finally, AE Wealth Management LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 11.8% during the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock worth $107,000 after acquiring an additional 187 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.8%

Shares of NYSEARCA:JQUA opened at $61.66 on Tuesday. The company’s 50-day moving average price is $62.46 and its 200 day moving average price is $61.04. The company has a market cap of $7.33 billion, a PE ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $49.25 and a fifty-two week high of $63.74.

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.