JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by Gateway Wealth Partners LLC

Gateway Wealth Partners LLC lessened its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 34.8% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,695 shares of the company’s stock after selling 3,574 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan US Quality Factor ETF were worth $355,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Saratoga Research & Investment Management acquired a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth $579,000. Northwestern Mutual Wealth Management Co. boosted its position in shares of JPMorgan US Quality Factor ETF by 16.8% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 819,358 shares of the company’s stock valued at $43,385,000 after acquiring an additional 117,799 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of JPMorgan US Quality Factor ETF by 2.8% during the 2nd quarter. NewEdge Advisors LLC now owns 342,447 shares of the company’s stock valued at $18,133,000 after acquiring an additional 9,453 shares during the last quarter. Oliver Lagore Vanvalin Investment Group boosted its position in shares of JPMorgan US Quality Factor ETF by 14.6% during the 2nd quarter. Oliver Lagore Vanvalin Investment Group now owns 40,989 shares of the company’s stock valued at $2,170,000 after acquiring an additional 5,214 shares during the last quarter. Finally, Savvy Advisors Inc. boosted its position in shares of JPMorgan US Quality Factor ETF by 71.8% during the 2nd quarter. Savvy Advisors Inc. now owns 110,110 shares of the company’s stock valued at $5,830,000 after acquiring an additional 46,023 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Up 0.2 %

Shares of JQUA stock opened at $56.57 on Tuesday. The company’s 50-day moving average price is $54.51 and its 200-day moving average price is $53.00. The stock has a market cap of $4.58 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a twelve month low of $41.37 and a twelve month high of $56.72.

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.