Fermata Advisors LLC Has $363,000 Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Fermata Advisors LLC trimmed its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.9% in the fourth quarter, HoldingsChannel reports. The firm owned 6,332 shares of the company’s stock after selling 190 shares during the period. Fermata Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $363,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Kayne Anderson Rudnick Investment Management LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth about $34,000. EverSource Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF during the 2nd quarter worth approximately $44,000. Abound Wealth Management bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth approximately $55,000. Fortitude Family Office LLC acquired a new stake in JPMorgan US Quality Factor ETF in the third quarter valued at approximately $68,000. Finally, EP Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $109,000.

JPMorgan US Quality Factor ETF Stock Up 0.6 %

Shares of NYSEARCA:JQUA opened at $58.49 on Friday. JPMorgan US Quality Factor ETF has a twelve month low of $48.03 and a twelve month high of $60.33. The stock’s 50 day moving average is $58.46 and its 200-day moving average is $56.28. The firm has a market capitalization of $4.73 billion, a price-to-earnings 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.