JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by Alliance Wealth Advisors LLC UT

Alliance Wealth Advisors LLC UT cut its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 35.4% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 7,955 shares of the company’s stock after selling 4,363 shares during the period. Alliance Wealth Advisors LLC UT’s holdings in JPMorgan US Quality Factor ETF were worth $456,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Alpha Financial Partners LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter valued at about $515,000. Dynamic Advisor Solutions LLC grew its stake in JPMorgan US Quality Factor ETF by 13.6% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 148,763 shares of the company’s stock valued at $8,416,000 after purchasing an additional 17,764 shares in the last quarter. Future Financial Wealth Managment LLC increased its holdings in JPMorgan US Quality Factor ETF by 1.4% during the 3rd quarter. Future Financial Wealth Managment LLC now owns 32,873 shares of the company’s stock worth $1,860,000 after purchasing an additional 445 shares during the last quarter. Patten Group Inc. raised its position in shares of JPMorgan US Quality Factor ETF by 4.2% in the 3rd quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock valued at $510,000 after purchasing an additional 366 shares in the last quarter. Finally, Beaumont Financial Advisors LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 0.6% during the 3rd quarter. Beaumont Financial Advisors LLC now owns 506,129 shares of the company’s stock valued at $28,632,000 after buying an additional 3,191 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Up 0.5 %

JQUA stock opened at $59.71 on Wednesday. The firm has a 50 day simple moving average of $58.66 and a 200-day simple moving average of $56.81. The company has a market capitalization of $4.83 billion, a P/E ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.33.

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.