Sequoia Financial Advisors LLC Sells 781 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Sequoia Financial Advisors LLC reduced its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 49,818 shares of the company’s stock after selling 781 shares during the period. Sequoia Financial Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $2,992,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in JQUA. Continuum Advisory LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 775.0% during the first quarter. Continuum Advisory LLC now owns 455 shares of the company’s stock valued at $26,000 after purchasing an additional 403 shares in the last quarter. DHJJ Financial Advisors Ltd. lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 68.5% during the first quarter. DHJJ Financial Advisors Ltd. now owns 578 shares of the company’s stock valued at $33,000 after purchasing an additional 235 shares in the last quarter. CX Institutional bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the first quarter valued at about $43,000. Larson Financial Group LLC lifted its position in shares of JPMorgan U.S. Quality Factor ETF by 1,183.8% during the first quarter. Larson Financial Group LLC now owns 2,375 shares of the company’s stock valued at $134,000 after purchasing an additional 2,190 shares in the last quarter. Finally, Iams Wealth Management LLC bought a new position in shares of JPMorgan U.S. Quality Factor ETF during the second quarter valued at about $203,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

Shares of JQUA stock opened at $62.37 on Thursday. The firm has a market cap of $7.38 billion, a price-to-earnings ratio of 23.86 and a beta of 0.92. JPMorgan U.S. Quality Factor ETF has a 52 week low of $49.25 and a 52 week high of $63.43. The firm’s 50-day simple moving average is $62.13 and its two-hundred day simple moving average is $59.41.

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.