Salem Investment Counselors Inc. Sells 184 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Salem Investment Counselors Inc. decreased its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.0% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 18,259 shares of the company’s stock after selling 184 shares during the period. Salem Investment Counselors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $1,046,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of 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 purchasing an additional 3,092 shares in the last quarter. Onyx Bridge Wealth Group LLC lifted its position in 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 worth $6,187,000 after buying an additional 1,210 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF during the 3rd quarter worth about $2,278,000. Breakwater Capital Group grew its holdings in shares of JPMorgan US Quality Factor ETF by 7.3% in the 3rd quarter. Breakwater Capital Group now owns 292,193 shares of the company’s stock valued at $16,529,000 after acquiring an additional 19,901 shares in the last quarter. Finally, Blue Trust Inc. increased its position 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 acquiring an additional 3,141 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

JQUA opened at $56.78 on Tuesday. The business’s 50-day simple moving average is $58.46 and its 200 day simple moving average is $56.16. JPMorgan US Quality Factor ETF has a 52-week low of $47.72 and a 52-week high of $60.33. The firm has a market capitalization of $4.60 billion, a PE ratio of 25.27 and a beta of 0.94.

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.