JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Stock Position Lessened by Security Financial Services INC.

Security Financial Services INC. decreased its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 10.5% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,242 shares of the company’s stock after selling 853 shares during the quarter. Security Financial Services INC.’s holdings in JPMorgan US Quality Factor ETF were worth $383,000 as of its most recent filing with the SEC.

Several other large investors have also bought and sold shares of the company. Cooper Financial Group purchased a new stake in shares of JPMorgan US Quality Factor ETF during the first quarter valued at $594,000. Salem Investment Counselors Inc. increased its position in JPMorgan US Quality Factor ETF by 37.0% in the 1st quarter. Salem Investment Counselors Inc. now owns 9,889 shares of the company’s stock worth $523,000 after purchasing an additional 2,670 shares during the last quarter. Clarus Wealth Advisors acquired a new position in JPMorgan US Quality Factor ETF in the 1st quarter worth about $2,808,000. RFG Advisory LLC increased its position in JPMorgan US Quality Factor ETF by 261.9% in the 1st quarter. RFG Advisory LLC now owns 18,037 shares of the company’s stock worth $954,000 after purchasing an additional 13,053 shares during the last quarter. Finally, Daymark Wealth Partners LLC increased its holdings in shares of JPMorgan US Quality Factor ETF by 32.7% during the 1st quarter. Daymark Wealth Partners LLC now owns 243,745 shares of the company’s stock valued at $12,887,000 after acquiring an additional 60,110 shares during the last quarter.

JPMorgan US Quality Factor ETF Stock Performance

Shares of NYSEARCA JQUA opened at $53.32 on Monday. The firm has a market cap of $4.32 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. The business’s 50-day simple moving average is $51.62 and its 200-day simple moving average is $50.61. JPMorgan US Quality Factor ETF has a 52 week low of $41.37 and a 52 week high of $53.54.

About JPMorgan US Quality Factor ETF

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.