JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) Shares Sold by First Commonwealth Financial Corp PA

First Commonwealth Financial Corp PA decreased its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 13.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 26,019 shares of the company’s stock after selling 4,079 shares during the quarter. First Commonwealth Financial Corp PA’s holdings in JPMorgan US Quality Factor ETF were worth $1,490,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. FPC Investment Advisory Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter worth $29,000. CENTRAL TRUST Co acquired a new position in JPMorgan US Quality Factor ETF in the 4th quarter worth $47,000. Abound Wealth Management purchased a new position in JPMorgan US Quality Factor ETF in the 4th quarter valued at about $55,000. Fortitude Family Office LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 45.8% during the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock valued at $100,000 after acquiring an additional 550 shares in the last quarter. Finally, New Republic Capital LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at about $107,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA opened at $53.26 on Thursday. JPMorgan US Quality Factor ETF has a one year low of $49.25 and a one year high of $60.79. The stock has a 50-day moving average price of $56.95 and a 200 day moving average price of $57.73. The company has a market capitalization of $5.34 billion, a P/E ratio of 22.94 and a beta of 0.95.

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.