JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by MorganRosel Wealth Management LLC

MorganRosel Wealth Management LLC cut its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 112,230 shares of the company’s stock after selling 1,629 shares during the period. JPMorgan US Quality Factor ETF makes up about 2.1% of MorganRosel Wealth Management LLC’s holdings, making the stock its 16th largest position. MorganRosel Wealth Management LLC’s holdings in JPMorgan US Quality Factor ETF were worth $6,427,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of JQUA. FPC Investment Advisory Inc. acquired a new stake in JPMorgan US Quality Factor ETF in the fourth quarter valued at $29,000. CENTRAL TRUST Co purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $47,000. Abound Wealth Management purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $55,000. Fortitude Family Office LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at about $68,000. Finally, New Republic Capital LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $107,000.

JPMorgan US Quality Factor ETF Stock Performance

JPMorgan US Quality Factor ETF stock opened at $59.41 on Tuesday. JPMorgan US Quality Factor ETF has a fifty-two week low of $49.60 and a fifty-two week high of $60.79. The company has a market capitalization of $5.92 billion, a P/E ratio of 25.89 and a beta of 0.95. The stock has a 50-day simple moving average of $58.81 and a 200-day simple moving average of $57.52.

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.