Farther Finance Advisors LLC Decreases Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Farther Finance Advisors LLC trimmed its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 32.9% during the fourth quarter, Holdings Channel reports. The firm owned 4,162 shares of the company’s stock after selling 2,039 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $238,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. FPC Investment Advisory Inc. purchased a new stake in JPMorgan US Quality Factor ETF during the fourth quarter worth $29,000. CENTRAL TRUST Co purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $47,000. Abound Wealth Management purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $55,000. Fortitude Family Office LLC lifted its position in shares of JPMorgan US Quality Factor ETF by 45.8% in the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after acquiring an additional 550 shares in the last quarter. Finally, New Republic Capital LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at $107,000.

JPMorgan US Quality Factor ETF Stock Down 0.8 %

Shares of NYSEARCA:JQUA opened at $56.61 on Wednesday. JPMorgan US Quality Factor ETF has a 52-week low of $49.61 and a 52-week high of $60.79. The stock’s fifty day simple moving average is $58.77 and its 200-day simple moving average is $57.88. The company has a market capitalization of $5.51 billion, a P/E ratio of 24.52 and a beta of 0.95.

JPMorgan US Quality Factor ETF Company 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.