Concord Asset Management LLC VA Sells 1,809 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Concord Asset Management LLC VA decreased its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 1.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 174,141 shares of the company’s stock after selling 1,809 shares during the quarter. JPMorgan US Quality Factor ETF accounts for 2.2% of Concord Asset Management LLC VA’s portfolio, making the stock its 12th largest position. Concord Asset Management LLC VA’s holdings in JPMorgan US Quality Factor ETF were worth $9,973,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. FMR LLC boosted its stake in shares of JPMorgan US Quality Factor ETF by 22.9% in the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock valued at $940,000 after purchasing an additional 3,092 shares in the last quarter. Onyx Bridge Wealth Group LLC increased its stake in JPMorgan US Quality Factor ETF by 1.1% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock worth $6,187,000 after purchasing an additional 1,210 shares during the period. Sequoia Financial Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF in the 3rd quarter worth $2,278,000. Breakwater Capital Group increased its position in shares of JPMorgan US Quality Factor ETF by 7.3% in the third 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 during the period. Finally, Blue Trust Inc. raised its stake in shares of JPMorgan US Quality Factor ETF by 7.5% during 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 Price Performance

NYSEARCA JQUA opened at $59.57 on Friday. JPMorgan US Quality Factor ETF has a 1 year low of $49.08 and a 1 year high of $60.33. The stock has a market capitalization of $4.82 billion, a PE ratio of 25.27 and a beta of 0.94. The business’s 50-day moving average is $58.67 and its 200 day moving average is $56.69.

JPMorgan US Quality Factor ETF 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.