First Commonwealth Financial Corp PA Sells 3,959 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

First Commonwealth Financial Corp PA reduced its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 11.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 30,098 shares of the company’s stock after selling 3,959 shares during the quarter. First Commonwealth Financial Corp PA’s holdings in JPMorgan US Quality Factor ETF were worth $1,703,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Koesten Hirschmann & Crabtree INC. boosted its holdings in shares of JPMorgan US Quality Factor ETF by 145.5% in the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after buying an additional 320 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at about $34,000. International Assets Investment Management LLC acquired a new stake in JPMorgan US Quality Factor ETF in the 2nd quarter valued at about $36,000. EverSource Wealth Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF in the second quarter valued at approximately $44,000. Finally, Fortitude Family Office LLC bought a new stake in JPMorgan US Quality Factor ETF in the third quarter valued at approximately $68,000.

JPMorgan US Quality Factor ETF Stock Up 0.0 %

Shares of NYSEARCA JQUA traded up $0.01 during midday trading on Wednesday, hitting $59.71. 18,389 shares of the company’s stock were exchanged, compared to its average volume of 539,679. The firm has a market capitalization of $4.83 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12 month low of $45.42 and a 12 month high of $59.80. The company’s 50 day moving average price is $57.13 and its 200 day moving average price is $54.67.

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.