Andina Capital Management LLC Sells 10,491 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

Andina Capital Management LLC lowered its stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 25.6% during the first quarter, HoldingsChannel.com reports. The firm owned 30,488 shares of the company’s stock after selling 10,491 shares during the period. JPMorgan U.S. Quality Factor ETF makes up about 1.7% of Andina Capital Management LLC’s holdings, making the stock its 17th biggest holding. Andina Capital Management LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $1,870,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Savant Capital LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 10.8% during the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock worth $648,035,000 after purchasing an additional 996,453 shares during the period. Signaturefd LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 1.2% during the fourth quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock worth $344,583,000 after buying an additional 66,385 shares during the last quarter. Morgan Stanley boosted its holdings in JPMorgan U.S. Quality Factor ETF by 11.0% during the fourth quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock worth $187,030,000 after buying an additional 293,117 shares during the last quarter. Sage Mountain Advisors LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 1.7% during the 4th quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock worth $185,721,000 after buying an additional 50,109 shares during the period. Finally, Raymond James Financial Inc. grew its position in shares of JPMorgan U.S. Quality Factor ETF by 16.8% during the 3rd quarter. Raymond James Financial Inc. now owns 1,691,928 shares of the company’s stock worth $106,439,000 after buying an additional 243,540 shares during the period.

JPMorgan U.S. Quality Factor ETF Price Performance

Shares of NYSEARCA:JQUA opened at $70.12 on Wednesday. The firm’s 50 day simple moving average is $68.60 and its 200 day simple moving average is $65.25. JPMorgan U.S. Quality Factor ETF has a fifty-two week low of $59.03 and a fifty-two week high of $72.31. The company has a market capitalization of $7.88 billion, a price-to-earnings ratio of 23.86 and a beta of 0.91.

JPMorgan U.S. 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.