JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by Concord Wealth Partners

Concord Wealth Partners lowered its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.4% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 175,006 shares of the company’s stock after selling 2,407 shares during the quarter. JPMorgan US Quality Factor ETF makes up about 1.6% of Concord Wealth Partners’ holdings, making the stock its 17th biggest position. Concord Wealth Partners owned 0.22% of JPMorgan US Quality Factor ETF worth $10,023,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the stock. Signaturefd LLC boosted its stake in JPMorgan US Quality Factor ETF by 1.2% in the third quarter. Signaturefd LLC now owns 5,533,652 shares of the company’s stock valued at $313,039,000 after acquiring an additional 66,260 shares in the last quarter. LPL Financial LLC increased its stake in JPMorgan US Quality Factor ETF by 16.9% in the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock valued at $200,219,000 after purchasing an additional 510,409 shares during the period. ST Germain D J Co. Inc. boosted its stake in shares of JPMorgan US Quality Factor ETF by 1.7% during the fourth quarter. ST Germain D J Co. Inc. now owns 2,682,855 shares of the company’s stock worth $153,647,000 after buying an additional 44,726 shares during the period. Townsquare Capital LLC grew its holdings in shares of JPMorgan US Quality Factor ETF by 6.1% during the third quarter. Townsquare Capital LLC now owns 1,415,009 shares of the company’s stock worth $80,047,000 after buying an additional 81,577 shares during the last quarter. Finally, Mason & Associates Inc increased its position in JPMorgan US Quality Factor ETF by 57.4% in the 4th quarter. Mason & Associates Inc now owns 1,355,653 shares of the company’s stock valued at $77,638,000 after acquiring an additional 494,630 shares during the period.

JPMorgan US Quality Factor ETF Trading Down 0.6 %

JPMorgan US Quality Factor ETF stock opened at $59.57 on Friday. The stock has a 50 day moving average of $58.67 and a two-hundred day moving average of $56.69. JPMorgan US Quality Factor ETF has a twelve month low of $49.08 and a twelve month high of $60.33. The stock has a market capitalization of $4.82 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.