Concord Wealth Partners Sells 157,142 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Concord Wealth Partners trimmed its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 89.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 18,469 shares of the company’s stock after selling 157,142 shares during the quarter. Concord Wealth Partners’ holdings in JPMorgan U.S. Quality Factor ETF were worth $1,162,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Savant Capital LLC grew its holdings in shares of JPMorgan U.S. Quality Factor ETF by 10.5% during the third quarter. Savant Capital LLC now owns 9,260,509 shares of the company’s stock worth $582,579,000 after purchasing an additional 878,484 shares in the last quarter. Sage Mountain Advisors LLC lifted its position in JPMorgan U.S. Quality Factor ETF by 6.6% during the third quarter. Sage Mountain Advisors LLC now owns 2,889,443 shares of the company’s stock valued at $181,775,000 after purchasing an additional 177,728 shares during the last quarter. Midland Wealth Advisors LLC grew its stake in JPMorgan U.S. Quality Factor ETF by 2.7% in the 2nd quarter. Midland Wealth Advisors LLC now owns 2,026,359 shares of the company’s stock worth $121,683,000 after buying an additional 53,000 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in JPMorgan U.S. Quality Factor ETF by 7.1% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 1,752,280 shares of the company’s stock worth $105,224,000 after buying an additional 116,345 shares in the last quarter. Finally, Raymond James Financial Inc. increased its holdings in shares of JPMorgan U.S. Quality Factor ETF by 23.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,448,388 shares of the company’s stock worth $86,976,000 after buying an additional 271,538 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Performance

NYSEARCA JQUA opened at $64.07 on Friday. JPMorgan U.S. Quality Factor ETF has a 52-week low of $49.25 and a 52-week high of $64.90. The company has a fifty day moving average of $63.84 and a 200-day moving average of $62.66. The company has a market capitalization of $7.59 billion, a P/E ratio of 23.86 and a beta of 0.93.

JPMorgan U.S. Quality Factor ETF 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.