Tsfg LLC Raises Stake in JPMorgan U.S. Quality Factor ETF $JQUA

Tsfg LLC boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 5.3% in the second quarter, HoldingsChannel reports. The fund owned 154,494 shares of the company’s stock after acquiring an additional 7,757 shares during the period. JPMorgan U.S. Quality Factor ETF accounts for 1.7% of Tsfg LLC’s portfolio, making the stock its 18th biggest holding. Tsfg LLC’s holdings in JPMorgan U.S. Quality Factor ETF were worth $9,277,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Investor s Fiduciary Advisor Network LLC grew its stake in shares of JPMorgan U.S. Quality Factor ETF by 3.0% in the first quarter. Investor s Fiduciary Advisor Network LLC now owns 63,095 shares of the company’s stock worth $3,562,000 after acquiring an additional 1,856 shares during the period. Envestnet Asset Management Inc. grew its position in JPMorgan U.S. Quality Factor ETF by 2.0% during the first quarter. Envestnet Asset Management Inc. now owns 653,937 shares of the company’s stock valued at $36,928,000 after buying an additional 12,886 shares during the period. Crossmark Global Holdings Inc. bought a new position in shares of JPMorgan U.S. Quality Factor ETF in the first quarter worth approximately $207,000. Stratos Wealth Partners LTD. boosted its position in shares of JPMorgan U.S. Quality Factor ETF by 16.0% in the first quarter. Stratos Wealth Partners LTD. now owns 468,110 shares of the company’s stock worth $26,434,000 after purchasing an additional 64,517 shares during the period. Finally, BXM Wealth LLC purchased a new position in shares of JPMorgan U.S. Quality Factor ETF in the first quarter worth $707,000.

JPMorgan U.S. Quality Factor ETF Stock Performance

JQUA stock opened at $62.72 on Monday. The company has a market capitalization of $7.44 billion, a PE ratio of 23.86 and a beta of 0.93. The company’s fifty day moving average price is $62.52 and its 200-day moving average price is $60.31. JPMorgan U.S. Quality Factor ETF has a one year low of $49.25 and a one year high of $63.74.

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.