JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Wealthedge Investment Advisors LLC

Wealthedge Investment Advisors LLC reduced its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 39.4% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 22,349 shares of the company’s stock after selling 14,508 shares during the period. Wealthedge Investment Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,342,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the company. Savant Capital LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 14.7% in the 2nd quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock worth $503,341,000 after acquiring an additional 1,072,456 shares in the last quarter. Signaturefd LLC lifted its stake in JPMorgan U.S. Quality Factor ETF by 2.2% during the second quarter. Signaturefd LLC now owns 5,501,136 shares of the company’s stock worth $330,343,000 after purchasing an additional 120,933 shares during the last quarter. Sage Mountain Advisors LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 8.6% in the second quarter. Sage Mountain Advisors LLC now owns 2,711,715 shares of the company’s stock worth $162,839,000 after purchasing an additional 215,460 shares during the period. Midland Wealth Advisors LLC increased its stake in JPMorgan U.S. Quality Factor ETF by 2.7% during the second quarter. Midland Wealth Advisors LLC now owns 2,026,359 shares of the company’s stock valued at $121,683,000 after purchasing an additional 53,000 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its stake in JPMorgan U.S. Quality Factor ETF by 7.1% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,752,280 shares of the company’s stock valued at $105,224,000 after purchasing an additional 116,345 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

JPMorgan U.S. Quality Factor ETF stock opened at $63.09 on Monday. JPMorgan U.S. Quality Factor ETF has a 1 year low of $49.25 and a 1 year high of $63.74. The firm’s 50-day moving average is $62.47 and its 200-day moving average is $61.17. The company has a market cap of $7.50 billion, a P/E ratio of 23.86 and a beta of 0.93.

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.