Tsfg LLC Increases Stock Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Tsfg LLC increased its position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 120,663 shares of the company’s stock after buying an additional 3,230 shares during the quarter. JPMorgan US Quality Factor ETF comprises about 1.4% of Tsfg LLC’s investment portfolio, making the stock its 21st biggest position. Tsfg LLC’s holdings in JPMorgan US Quality Factor ETF were worth $6,910,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JQUA. Wealth Enhancement Advisory Services LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the 4th quarter worth about $36,676,000. LPL Financial LLC grew its stake in JPMorgan US Quality Factor ETF by 16.9% during the third quarter. LPL Financial LLC now owns 3,539,316 shares of the company’s stock worth $200,219,000 after buying an additional 510,409 shares during the period. Spectrum Wealth Advisory Group LLC purchased a new position in shares of JPMorgan US Quality Factor ETF in the 3rd quarter valued at $27,648,000. Tull Financial Group Inc. acquired a new position in shares of JPMorgan US Quality Factor ETF during the 3rd quarter valued at $24,025,000. Finally, Goldstone Financial Group LLC purchased a new stake in JPMorgan US Quality Factor ETF during the 3rd quarter worth $23,250,000.

JPMorgan US Quality Factor ETF Stock Performance

Shares of JQUA stock traded up $0.11 during trading hours on Monday, reaching $56.78. The company had a trading volume of 489,878 shares, compared to its average volume of 502,282. The company has a market capitalization of $4.60 billion, a P/E ratio of 25.27 and a beta of 0.94. The stock’s fifty day simple moving average is $58.46 and its 200 day simple moving average is $56.16. JPMorgan US Quality Factor ETF has a twelve month low of $47.72 and a twelve month high of $60.33.

JPMorgan US 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.