Midland Wealth Advisors LLC Sells 24,789 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Midland Wealth Advisors LLC cut its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,016,799 shares of the company’s stock after selling 24,789 shares during the quarter. JPMorgan US Quality Factor ETF makes up approximately 7.0% of Midland Wealth Advisors LLC’s portfolio, making the stock its 7th biggest position. Midland Wealth Advisors LLC owned 2.49% of JPMorgan US Quality Factor ETF worth $115,502,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in JQUA. Nations Financial Group Inc. IA ADV lifted its stake in JPMorgan US Quality Factor ETF by 1.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock worth $1,081,000 after purchasing an additional 201 shares during the last quarter. Private Trust Co. NA increased its stake in JPMorgan US Quality Factor ETF by 4.9% in the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after purchasing an additional 343 shares during the last quarter. FPC Investment Advisory Inc. acquired a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth approximately $29,000. Fortitude Family Office LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 45.8% during the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after buying an additional 550 shares during the last quarter. Finally, WealthShield Partners LLC boosted its holdings in shares of JPMorgan US Quality Factor ETF by 3.2% in the 4th quarter. WealthShield Partners LLC now owns 23,502 shares of the company’s stock valued at $1,346,000 after buying an additional 737 shares in the last quarter.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $58.11 on Monday. JPMorgan US Quality Factor ETF has a 12 month low of $49.60 and a 12 month high of $60.79. The firm has a market capitalization of $5.66 billion, a P/E ratio of 24.52 and a beta of 0.95. The company’s fifty day moving average price is $58.91 and its 200 day moving average price is $57.82.

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.