JPMorgan U.S. Quality Factor ETF $JQUA Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. reduced its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 18.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,374,642 shares of the company’s stock after selling 314,109 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $86,850,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the stock. Savant Capital LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 10.8% in the 4th quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after purchasing an additional 996,453 shares in the last quarter. Signaturefd LLC lifted its holdings in shares of JPMorgan U.S. Quality Factor ETF by 1.2% in the 4th quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after buying an additional 66,385 shares during the period. Sage Mountain Advisors LLC boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.7% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock valued at $185,721,000 after buying an additional 50,109 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after buying an additional 702,461 shares in the last quarter. Finally, Raymond James Financial Inc. grew its holdings in JPMorgan U.S. Quality Factor ETF by 16.8% during the third quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after acquiring an additional 243,540 shares during the period.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $71.06 on Friday. JPMorgan U.S. Quality Factor ETF has a one year low of $58.18 and a one year high of $71.12. The firm has a market capitalization of $7.99 billion, a P/E ratio of 23.86 and a beta of 0.90. The company’s fifty day moving average is $65.47 and its two-hundred day moving average is $64.18.

JPMorgan U.S. 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.