RFG Advisory LLC Sells 7,543 Shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

RFG Advisory LLC reduced its position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 41.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,494 shares of the company’s stock after selling 7,543 shares during the quarter. RFG Advisory LLC’s holdings in JPMorgan US Quality Factor ETF were worth $556,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. Koesten Hirschmann & Crabtree INC. grew its stake in shares of JPMorgan US Quality Factor ETF by 145.5% during the 1st quarter. Koesten Hirschmann & Crabtree INC. now owns 540 shares of the company’s stock valued at $29,000 after purchasing an additional 320 shares during the period. CWM LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 66,500.0% during the 4th quarter. CWM LLC now owns 666 shares of the company’s stock valued at $32,000 after acquiring an additional 665 shares during the period. SouthState Corp bought a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at approximately $41,000. Atlanta Consulting Group Advisors LLC bought a new position in shares of JPMorgan US Quality Factor ETF during the 1st quarter valued at approximately $86,000. Finally, Whittier Trust Co. of Nevada Inc. grew its stake in shares of JPMorgan US Quality Factor ETF by 107.1% during the 1st quarter. Whittier Trust Co. of Nevada Inc. now owns 2,634 shares of the company’s stock valued at $139,000 after acquiring an additional 1,362 shares during the period.

JPMorgan US Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA traded down $0.16 during mid-day trading on Monday, reaching $52.64. 241,165 shares of the company traded hands, compared to its average volume of 562,759. The company’s 50 day moving average price is $53.02 and its 200-day moving average price is $51.94. The firm has a market cap of $4.26 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 52 week low of $41.37 and a 52 week high of $54.76.

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.