Prism Advisors Inc. Sells 6,269 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Prism Advisors Inc. lowered its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 3.2% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 191,943 shares of the company’s stock after selling 6,269 shares during the period. JPMorgan US Quality Factor ETF accounts for about 3.3% of Prism Advisors Inc.’s investment portfolio, making the stock its 13th largest holding. Prism Advisors Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $10,993,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in JQUA. Allworth Financial LP increased its stake in shares of JPMorgan US Quality Factor ETF by 5.6% during the third quarter. Allworth Financial LP now owns 4,830 shares of the company’s stock valued at $273,000 after purchasing an additional 258 shares in the last quarter. Baker Tilly Wealth Management LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 5.7% in the 3rd quarter. Baker Tilly Wealth Management LLC now owns 6,379 shares of the company’s stock worth $361,000 after buying an additional 342 shares during the last quarter. Private Trust Co. NA increased its position in JPMorgan US Quality Factor ETF by 4.9% during the 3rd quarter. Private Trust Co. NA now owns 7,308 shares of the company’s stock valued at $413,000 after buying an additional 343 shares in the last quarter. Patten Group Inc. increased its position in JPMorgan US Quality Factor ETF by 4.2% during the 3rd quarter. Patten Group Inc. now owns 9,014 shares of the company’s stock valued at $510,000 after buying an additional 366 shares in the last quarter. Finally, 3Chopt Investment Partners LLC raised its stake in JPMorgan US Quality Factor ETF by 2.6% during the second quarter. 3Chopt Investment Partners LLC now owns 15,486 shares of the company’s stock valued at $820,000 after buying an additional 392 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

NYSEARCA JQUA opened at $59.42 on Monday. JPMorgan US Quality Factor ETF has a 12 month low of $49.08 and a 12 month high of $60.33. The stock’s fifty day moving average price is $58.54 and its 200-day moving average price is $56.53. The stock has a market cap of $4.81 billion, a P/E 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.