Massmutual Trust Co. FSB ADV Has $901,000 Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Massmutual Trust Co. FSB ADV trimmed its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 51.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,021 shares of the company’s stock after selling 17,999 shares during the period. Massmutual Trust Co. FSB ADV’s holdings in JPMorgan US Quality Factor ETF were worth $901,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in JQUA. Raymond James & Associates raised its stake in JPMorgan US Quality Factor ETF by 16.9% in the fourth quarter. Raymond James & Associates now owns 201,249 shares of the company’s stock valued at $9,632,000 after buying an additional 29,104 shares during the period. Fifth Third Bancorp bought a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth about $55,000. Private Trust Co. NA boosted its position in JPMorgan US Quality Factor ETF by 319.5% in the fourth quarter. Private Trust Co. NA now owns 2,320 shares of the company’s stock valued at $111,000 after buying an additional 1,767 shares in the last quarter. International Assets Investment Management LLC bought a new stake in JPMorgan US Quality Factor ETF during the 4th quarter worth $2,055,000. Finally, Allworth Financial LP acquired a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $99,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA:JQUA traded up $0.45 during mid-day trading on Tuesday, reaching $51.74. 475,669 shares of the company’s stock were exchanged, compared to its average volume of 568,716. The firm has a market capitalization of $4.19 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $54.76. The business’s fifty day moving average price is $52.96 and its 200-day moving average price is $51.86.

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.