Prism Advisors Inc. Has $11.21 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Prism Advisors Inc. reduced its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 198,212 shares of the company’s stock after selling 6,614 shares during the period. JPMorgan US Quality Factor ETF accounts for approximately 3.2% of Prism Advisors Inc.’s investment portfolio, making the stock its 15th biggest position. Prism Advisors Inc. owned approximately 0.24% of JPMorgan US Quality Factor ETF worth $11,213,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Koesten Hirschmann & Crabtree INC. increased its holdings in shares of JPMorgan US Quality Factor ETF by 145.5% in the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after purchasing an additional 320 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter valued at about $34,000. International Assets Investment Management LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter valued at about $36,000. EverSource Wealth Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the second quarter valued at about $44,000. Finally, Atlanta Consulting Group Advisors LLC acquired a new position in shares of JPMorgan US Quality Factor ETF in the first quarter valued at about $86,000.

JPMorgan US Quality Factor ETF Stock Performance

JQUA stock opened at $57.31 on Wednesday. The company’s 50-day simple moving average is $55.33 and its 200 day simple moving average is $53.33. JPMorgan US Quality Factor ETF has a 52 week low of $41.37 and a 52 week high of $57.90. The company has a market capitalization of $4.64 billion, a PE ratio of 25.27 and a beta of 0.94.

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.