Midland Wealth Advisors LLC Has $90.34 Million Holdings in JPMorgan U.S. Quality Factor ETF $JQUA

Midland Wealth Advisors LLC lessened its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 29.1% during the third quarter, HoldingsChannel.com reports. The fund owned 1,436,020 shares of the company’s stock after selling 590,339 shares during the period. JPMorgan U.S. Quality Factor ETF makes up approximately 4.8% of Midland Wealth Advisors LLC’s holdings, making the stock its 6th largest holding. Midland Wealth Advisors LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $90,340,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Savant Capital LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 14.7% during the 2nd quarter. Savant Capital LLC now owns 8,382,025 shares of the company’s stock valued at $503,341,000 after purchasing an additional 1,072,456 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in JPMorgan U.S. Quality Factor ETF by 53.0% during the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after buying an additional 702,461 shares during the period. Warren Street Wealth Advisors LLC bought a new stake in JPMorgan U.S. Quality Factor ETF during the third quarter valued at $40,299,000. Intellus Advisors LLC boosted its stake in JPMorgan U.S. Quality Factor ETF by 181.2% during the second quarter. Intellus Advisors LLC now owns 523,325 shares of the company’s stock valued at $31,426,000 after buying an additional 337,229 shares during the period. Finally, LVZ Inc. increased its stake in JPMorgan U.S. Quality Factor ETF by 48.5% in the 3rd quarter. LVZ Inc. now owns 997,493 shares of the company’s stock worth $62,752,000 after acquiring an additional 325,663 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Trading Down 0.3%

Shares of JQUA opened at $63.85 on Friday. JPMorgan U.S. Quality Factor ETF has a 12-month low of $49.25 and a 12-month high of $64.90. The company has a market cap of $7.56 billion, a PE ratio of 23.86 and a beta of 0.93. The stock has a 50-day moving average price of $63.92 and a 200-day moving average price of $62.85.

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.