JPMorgan U.S. Quality Factor ETF $JQUA Stock Sold by Madson Wealth Advisors Inc

Madson Wealth Advisors Inc trimmed its position in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.6% in the third quarter, HoldingsChannel.com reports. The firm owned 97,872 shares of the company’s stock after selling 8,097 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises approximately 5.1% of Madson Wealth Advisors Inc’s investment portfolio, making the stock its 6th biggest holding. Madson Wealth Advisors Inc’s holdings in JPMorgan U.S. Quality Factor ETF were worth $7,223,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Focus Partners Wealth boosted its stake in JPMorgan U.S. Quality Factor ETF by 4,153.5% during the 4th quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after purchasing an additional 1,336,332 shares in the last quarter. Quadcap Wealth Management LLC increased its position in shares of JPMorgan U.S. Quality Factor ETF by 2.9% during the 1st quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock valued at $76,351,000 after purchasing an additional 34,752 shares during the period. RVW Wealth LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $74,549,000. Avidian Wealth Enterprises LLC bought a new stake in shares of JPMorgan U.S. Quality Factor ETF in the 3rd quarter worth $73,013,000. Finally, Cetera Investment Advisers raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 41.7% in the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock worth $63,311,000 after buying an additional 303,867 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of JPMorgan U.S. Quality Factor ETF stock traded down $0.12 during trading on Tuesday, hitting $75.61. The stock had a trading volume of 342,763 shares, compared to its average volume of 705,036. The firm has a market cap of $9.24 billion, a P/E ratio of 23.86 and a beta of 0.90. The business has a fifty day moving average of $74.46 and a two-hundred day moving average of $70.70. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.70 and a fifty-two week high of $76.06.

About JPMorgan U.S. 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.