Norden Group LLC Has $408,000 Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Norden Group LLC reduced its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 21.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 7,118 shares of the company’s stock after selling 1,957 shares during the period. Norden Group LLC’s holdings in JPMorgan US Quality Factor ETF were worth $408,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. bought a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter valued at about $29,000. CENTRAL TRUST Co acquired a new position in JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $47,000. Abound Wealth Management bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $55,000. Fortitude Family Office LLC increased its position in shares of JPMorgan US Quality Factor ETF by 45.8% during the 4th quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after purchasing an additional 550 shares during the last quarter. Finally, New Republic Capital LLC bought a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter worth approximately $107,000.

JPMorgan US Quality Factor ETF Trading Down 1.1 %

NYSEARCA JQUA opened at $58.14 on Wednesday. JPMorgan US Quality Factor ETF has a 12 month low of $49.60 and a 12 month high of $60.79. The stock has a 50 day moving average of $58.92 and a 200-day moving average of $57.73. The company has a market cap of $5.79 billion, a PE ratio of 25.89 and a beta of 0.95.

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.