Tenzing Financial LLC Takes Position in JPMorgan U.S. Quality Factor ETF $JQUA

Tenzing Financial LLC purchased a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 113,289 shares of the company’s stock, valued at approximately $7,158,000. JPMorgan U.S. Quality Factor ETF makes up 5.8% of Tenzing Financial LLC’s investment portfolio, making the stock its 5th largest holding. Tenzing Financial LLC owned approximately 0.10% of JPMorgan U.S. Quality Factor ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. TritonPoint Partners LLC purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $697,000. Perryman Financial Advisory Inc. AD purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $3,053,000. Portfolio Resources Advisor Group Inc. purchased a new stake in shares of JPMorgan U.S. Quality Factor ETF in the fourth quarter valued at approximately $240,000. MML Investors Services LLC grew its position in shares of JPMorgan U.S. Quality Factor ETF by 12.2% in the fourth quarter. MML Investors Services LLC now owns 558,822 shares of the company’s stock valued at $35,306,000 after purchasing an additional 60,921 shares in the last quarter. Finally, Focus Partners Wealth grew its position in shares of JPMorgan U.S. Quality Factor ETF by 4,153.5% in the fourth quarter. Focus Partners Wealth now owns 1,368,506 shares of the company’s stock valued at $86,462,000 after purchasing an additional 1,336,332 shares in the last quarter.

JPMorgan U.S. Quality Factor ETF Price Performance

JQUA stock opened at $71.00 on Monday. The business has a 50 day simple moving average of $67.38 and a 200-day simple moving average of $64.84. The firm has a market capitalization of $7.98 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 1 year low of $58.31 and a 1 year high of $72.18.

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.