First Horizon Advisors Inc. Decreases Stock Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

First Horizon Advisors Inc. cut its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.2% in the fourth quarter, HoldingsChannel reports. The firm owned 235,708 shares of the company’s stock after selling 35,928 shares during the quarter. First Horizon Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $13,499,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Nations Financial Group Inc. IA ADV raised its position in JPMorgan US Quality Factor ETF by 1.1% during the fourth quarter. Nations Financial Group Inc. IA ADV now owns 18,882 shares of the company’s stock valued at $1,081,000 after purchasing an additional 201 shares during the period. Allworth Financial LP raised its holdings in JPMorgan US Quality Factor ETF by 5.6% during the 3rd quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after buying an additional 258 shares during the period. Baker Tilly Wealth Management LLC raised its holdings in JPMorgan US Quality Factor ETF by 5.7% during the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock valued at $361,000 after buying an additional 342 shares during the period. Private Trust Co. NA lifted its position in JPMorgan US Quality Factor ETF by 4.9% in the third quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock worth $413,000 after buying an additional 343 shares during the last quarter. Finally, Fortitude Family Office LLC boosted its stake in JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after buying an additional 550 shares during the period.

JPMorgan US Quality Factor ETF Trading Down 1.6 %

Shares of JQUA opened at $59.47 on Friday. The company’s fifty day simple moving average is $58.81 and its 200-day simple moving average is $57.43. The company has a market cap of $5.92 billion, a P/E ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a twelve month low of $49.60 and a twelve month high of $60.79.

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.