JPMorgan U.S. Quality Factor ETF $JQUA Stock Sold by Madson Wealth Advisors Inc

Madson Wealth Advisors Inc trimmed its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 7.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 97,872 shares of the company’s stock after selling 8,097 shares during the period. JPMorgan U.S. Quality Factor ETF makes up approximately 5.1% of Madson Wealth Advisors Inc’s investment portfolio, making the stock its 6th largest holding. Madson Wealth Advisors Inc owned 0.08% of JPMorgan U.S. Quality Factor ETF worth $7,223,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Focus Partners Wealth lifted its holdings in JPMorgan U.S. Quality Factor ETF by 4,153.5% in the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock worth $86,462,000 after purchasing an additional 1,336,332 shares during the period. Quadcap Wealth Management LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 2.9% in the first quarter. Quadcap Wealth Management LLC now owns 1,245,124 shares of the company’s stock worth $76,351,000 after purchasing an additional 34,752 shares during the period. RVW Wealth LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $74,549,000. Avidian Wealth Enterprises LLC bought a new position in JPMorgan U.S. Quality Factor ETF in the 3rd quarter valued at about $73,013,000. Finally, Cetera Investment Advisers grew its position in JPMorgan U.S. Quality Factor ETF by 41.7% in the 1st quarter. Cetera Investment Advisers now owns 1,032,474 shares of the company’s stock valued at $63,311,000 after buying an additional 303,867 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Down 0.2%

JPMorgan U.S. Quality Factor ETF stock traded down $0.12 during trading hours on Tuesday, hitting $75.61. 342,763 shares of the company traded hands, compared to its average volume of 705,036. The firm has a market cap of $9.24 billion, a P/E ratio of 23.86 and a beta of 0.90. The firm’s 50-day simple moving average is $74.46 and its two-hundred day simple moving average is $70.70. JPMorgan U.S. Quality Factor ETF has a 1-year low of $59.70 and a 1-year high of $76.06.

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.