Tsfg LLC Boosts Holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Tsfg LLC raised its holdings in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 120,663 shares of the company’s stock after purchasing an additional 3,230 shares during the period. JPMorgan US Quality Factor ETF accounts for approximately 1.4% of Tsfg LLC’s portfolio, making the stock its 21st largest holding. Tsfg LLC owned approximately 0.15% of JPMorgan US Quality Factor ETF worth $6,910,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Wealth Enhancement Advisory Services LLC purchased a new position in shares of JPMorgan US Quality Factor ETF during the fourth quarter valued at approximately $36,676,000. LPL Financial LLC lifted its stake in shares of JPMorgan US Quality Factor ETF by 16.9% during the 3rd quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after purchasing an additional 510,409 shares during the period. Spectrum Wealth Advisory Group LLC acquired a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth $27,648,000. Tull Financial Group Inc. acquired a new stake in shares of JPMorgan US Quality Factor ETF during the third quarter worth $24,025,000. Finally, Goldstone Financial Group LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the third quarter valued at $23,250,000.

JPMorgan US Quality Factor ETF Stock Performance

NYSEARCA JQUA traded up $0.11 during trading hours on Monday, hitting $56.78. 489,878 shares of the company’s stock were exchanged, compared to its average volume of 502,282. The business’s 50 day moving average is $58.46 and its 200-day moving average is $56.16. JPMorgan US Quality Factor ETF has a 12-month low of $47.72 and a 12-month high of $60.33. The firm has a market capitalization of $4.60 billion, a P/E ratio of 25.27 and a beta of 0.94.

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.