Mutual Advisors LLC Sells 4,029 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Mutual Advisors LLC cut its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 7.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 52,394 shares of the company’s stock after selling 4,029 shares during the quarter. Mutual Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $3,048,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. EverSource Wealth Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 2nd quarter worth about $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. EP Wealth Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the second quarter worth approximately $109,000. Finally, PDS Planning Inc bought a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth $217,000.

JPMorgan US Quality Factor ETF Trading Up 0.5 %

Shares of JQUA stock opened at $59.54 on Friday. The firm has a fifty day simple moving average of $58.50 and a two-hundred day simple moving average of $56.45. JPMorgan US Quality Factor ETF has a 12 month low of $49.08 and a 12 month high of $60.33. The firm has a market capitalization of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94.

JPMorgan US 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.