Comerica Bank Sells 45,707 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Comerica Bank lessened its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 11.5% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 351,604 shares of the company’s stock after selling 45,707 shares during the quarter. Comerica Bank owned approximately 0.43% of JPMorgan US Quality Factor ETF worth $18,589,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Capital Advisors Ltd. LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 6.3% during the 4th quarter. Capital Advisors Ltd. LLC now owns 4,117 shares of the company’s stock worth $197,000 after buying an additional 243 shares during the last quarter. Spire Wealth Management raised its holdings in shares of JPMorgan US Quality Factor ETF by 2.0% in the 4th quarter. Spire Wealth Management now owns 18,122 shares of the company’s stock worth $890,000 after acquiring an additional 348 shares during the last quarter. Gallacher Capital Management LLC lifted its position in JPMorgan US Quality Factor ETF by 0.6% in the 1st quarter. Gallacher Capital Management LLC now owns 66,129 shares of the company’s stock valued at $3,496,000 after acquiring an additional 388 shares in the last quarter. Future Financial Wealth Managment LLC boosted its stake in JPMorgan US Quality Factor ETF by 1.8% during the 1st quarter. Future Financial Wealth Managment LLC now owns 33,021 shares of the company’s stock valued at $1,746,000 after purchasing an additional 574 shares during the last quarter. Finally, NBC Securities Inc. grew its position in JPMorgan US Quality Factor ETF by 12.3% during the first quarter. NBC Securities Inc. now owns 5,253 shares of the company’s stock valued at $277,000 after buying an additional 575 shares during the period.

JPMorgan US Quality Factor ETF Stock Performance

JQUA traded down $1.10 during midday trading on Friday, reaching $52.17. The company had a trading volume of 85,468 shares, compared to its average volume of 565,737. JPMorgan US Quality Factor ETF has a 12-month low of $41.37 and a 12-month high of $54.76. The business has a 50-day moving average price of $52.93 and a two-hundred day moving average price of $51.75. The stock has a market cap of $4.22 billion, a PE 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.