TFC Financial Management Inc. Has $36.33 Million Position in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

TFC Financial Management Inc. raised its holdings in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 634,416 shares of the company’s stock after purchasing an additional 16,470 shares during the quarter. JPMorgan US Quality Factor ETF accounts for about 5.7% of TFC Financial Management Inc.’s portfolio, making the stock its 5th largest position. TFC Financial Management Inc.’s holdings in JPMorgan US Quality Factor ETF were worth $36,333,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of JQUA. FMR LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 22.9% in the 3rd quarter. FMR LLC now owns 16,613 shares of the company’s stock worth $940,000 after acquiring an additional 3,092 shares during the last quarter. Onyx Bridge Wealth Group LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 1.1% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 109,361 shares of the company’s stock worth $6,187,000 after acquiring an additional 1,210 shares during the last quarter. Sequoia Financial Advisors LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the 3rd quarter worth about $2,278,000. Blue Trust Inc. lifted its holdings in shares of JPMorgan US Quality Factor ETF by 7.5% in the 3rd quarter. Blue Trust Inc. now owns 44,765 shares of the company’s stock worth $2,370,000 after acquiring an additional 3,141 shares during the last quarter. Finally, Sanchez Wealth Management Group lifted its holdings in shares of JPMorgan US Quality Factor ETF by 3.6% in the 4th quarter. Sanchez Wealth Management Group now owns 280,840 shares of the company’s stock worth $16,084,000 after acquiring an additional 9,767 shares during the last quarter.

JPMorgan US Quality Factor ETF Trading Down 0.4 %

JPMorgan US Quality Factor ETF stock opened at $59.97 on Thursday. The firm has a market capitalization of $4.85 billion, a PE ratio of 25.27 and a beta of 0.94. JPMorgan US Quality Factor ETF has a 12-month low of $49.60 and a 12-month high of $60.42. The firm has a 50-day moving average price of $58.70 and a 200-day moving average price of $57.06.

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.