Fermata Advisors LLC Has $363,000 Stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Fermata Advisors LLC cut its stake in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.9% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,332 shares of the company’s stock after selling 190 shares during the quarter. Fermata Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $363,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in JQUA. Kayne Anderson Rudnick Investment Management LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 2nd quarter valued at $34,000. EverSource Wealth Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF in the second quarter valued at $44,000. Abound Wealth Management bought a new stake in JPMorgan US Quality Factor ETF during the fourth quarter valued at $55,000. Fortitude Family Office LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth about $68,000. Finally, EP Wealth Advisors LLC acquired a new stake in JPMorgan US Quality Factor ETF during the 2nd quarter worth about $109,000.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $58.49 on Friday. JPMorgan US Quality Factor ETF has a 1 year low of $48.03 and a 1 year high of $60.33. The business’s 50-day moving average is $58.46 and its 200-day moving average is $56.28. The company has a market capitalization of $4.73 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.