Atria Wealth Solutions Inc. Reduces Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Atria Wealth Solutions Inc. cut its stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 30.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 26,498 shares of the company’s stock after selling 11,390 shares during the period. Atria Wealth Solutions Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $1,518,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Alpha Financial Partners LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth about $515,000. Raymond James & Associates grew its stake in JPMorgan US Quality Factor ETF by 19.6% during the 3rd quarter. Raymond James & Associates now owns 296,140 shares of the company’s stock worth $16,753,000 after buying an additional 48,458 shares during the last quarter. Allworth Financial LP increased its position in 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 worth $273,000 after buying an additional 258 shares during the period. Arkadios Wealth Advisors purchased a new stake in JPMorgan US Quality Factor ETF in the third quarter valued at approximately $857,000. Finally, J.W. Cole Advisors Inc. boosted its holdings in shares of JPMorgan US Quality Factor ETF by 2.1% in the third quarter. J.W. Cole Advisors Inc. now owns 93,057 shares of the company’s stock valued at $5,264,000 after acquiring an additional 1,908 shares during the period.

JPMorgan US Quality Factor ETF Trading Down 1.6 %

Shares of JQUA opened at $59.47 on Monday. The company’s 50 day simple moving average is $58.81 and its 200-day simple moving average is $57.48. The firm has a market cap of $5.92 billion, a PE ratio of 25.89 and a beta of 0.95. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.79.

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.