Farther Finance Advisors LLC Sells 3,614 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Farther Finance Advisors LLC lessened its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 36.8% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 6,201 shares of the company’s stock after selling 3,614 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan US Quality Factor ETF were worth $351,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Koesten Hirschmann & Crabtree INC. increased its position in JPMorgan US Quality Factor ETF by 145.5% in the first quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock worth $29,000 after buying an additional 320 shares during the last quarter. Kayne Anderson Rudnick Investment Management LLC purchased a new stake in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $34,000. International Assets Investment Management LLC purchased a new stake in JPMorgan US Quality Factor ETF in the 2nd quarter worth about $36,000. EverSource Wealth Advisors LLC bought a new stake in JPMorgan US Quality Factor ETF in the 2nd quarter valued at about $44,000. Finally, Fortitude Family Office LLC purchased a new stake in JPMorgan US Quality Factor ETF during the third quarter valued at about $68,000.

JPMorgan US Quality Factor ETF Trading Up 1.0 %

JQUA opened at $58.56 on Friday. JPMorgan US Quality Factor ETF has a 12 month low of $43.58 and a 12 month high of $58.63. The company has a market cap of $4.74 billion, a PE ratio of 25.27 and a beta of 0.94. The company has a 50 day moving average of $56.28 and a 200 day moving average of $53.96.

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.