Journey Strategic Wealth LLC Sells 226 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Journey Strategic Wealth LLC lowered its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.7% during the 4th quarter, Holdings Channel reports. The firm owned 8,065 shares of the company’s stock after selling 226 shares during the quarter. Journey Strategic Wealth LLC’s holdings in JPMorgan US Quality Factor ETF were worth $462,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in JQUA. FMR LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 22.9% in the third quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after buying an additional 3,092 shares in the last quarter. Onyx Bridge Wealth Group LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 1.1% during the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock valued at $6,187,000 after acquiring an additional 1,210 shares during the last quarter. Sequoia Financial Advisors LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the third quarter valued at $2,278,000. Blue Trust Inc. grew its holdings in shares of JPMorgan US Quality Factor ETF by 7.5% in the third quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock valued at $2,370,000 after purchasing an additional 3,141 shares in the last quarter. Finally, Cerity Partners LLC bought a new stake in JPMorgan US Quality Factor ETF in the third quarter worth $918,000.

JPMorgan US Quality Factor ETF Stock Down 0.6 %

JQUA stock opened at $59.57 on Monday. JPMorgan US Quality Factor ETF has a 52 week low of $49.08 and a 52 week high of $60.33. The firm has a market capitalization of $4.82 billion, a P/E ratio of 25.27 and a beta of 0.94. The company has a fifty day simple moving average of $58.67 and a two-hundred day simple moving average of $56.72.

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.