Confluence Wealth Services Inc. Sells 2,031 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Confluence Wealth Services Inc. lowered its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 6.0% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,716 shares of the company’s stock after selling 2,031 shares during the quarter. Confluence Wealth Services Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $1,888,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of JQUA. CENTRAL TRUST Co bought a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth $47,000. Abound Wealth Management acquired a new stake in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at about $55,000. Fortitude Family Office LLC bought a new stake in JPMorgan US Quality Factor ETF in the third quarter valued at about $68,000. Heck Capital Advisors LLC acquired a new position in JPMorgan US Quality Factor ETF in the fourth quarter worth about $172,000. Finally, Round Rock Advisors LLC bought a new position in JPMorgan US Quality Factor ETF during the fourth quarter worth about $200,000.

JPMorgan US Quality Factor ETF Trading Up 0.5 %

NYSEARCA JQUA opened at $59.71 on Wednesday. JPMorgan US Quality Factor ETF has a 1-year low of $49.60 and a 1-year high of $60.33. The stock’s 50 day moving average is $58.66 and its two-hundred day moving average is $56.81. The company has a market capitalization of $4.83 billion, a price-to-earnings ratio of 25.27 and a beta of 0.94.

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.