JPMorgan U.S. Quality Factor ETF $JQUA is TFC Financial Management Inc.’s 5th Largest Position

TFC Financial Management Inc. boosted its holdings in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 2.2% during the third quarter, Holdings Channel reports. The firm owned 719,666 shares of the company’s stock after acquiring an additional 15,624 shares during the quarter. JPMorgan U.S. Quality Factor ETF makes up about 5.8% of TFC Financial Management Inc.’s investment portfolio, making the stock its 5th biggest position. TFC Financial Management Inc.’s holdings in JPMorgan U.S. Quality Factor ETF were worth $45,274,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Drive Wealth Management LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 1.0% in the 2nd quarter. Drive Wealth Management LLC now owns 18,785 shares of the company’s stock worth $1,128,000 after buying an additional 181 shares during the period. AE Wealth Management LLC raised its holdings in shares of JPMorgan U.S. Quality Factor ETF by 11.8% during the second quarter. AE Wealth Management LLC now owns 1,777 shares of the company’s stock valued at $107,000 after acquiring an additional 187 shares in the last quarter. Harbour Investments Inc. lifted its stake in JPMorgan U.S. Quality Factor ETF by 26.5% in the second quarter. Harbour Investments Inc. now owns 906 shares of the company’s stock worth $54,000 after acquiring an additional 190 shares during the period. GPS Wealth Strategies Group LLC boosted its holdings in JPMorgan U.S. Quality Factor ETF by 19.2% in the second quarter. GPS Wealth Strategies Group LLC now owns 1,250 shares of the company’s stock valued at $75,000 after acquiring an additional 201 shares in the last quarter. Finally, Stonehaven Wealth & Tax Solutions LLC increased its position in JPMorgan U.S. Quality Factor ETF by 1.1% during the 2nd quarter. Stonehaven Wealth & Tax Solutions LLC now owns 20,102 shares of the company’s stock valued at $1,207,000 after purchasing an additional 220 shares during the period.

JPMorgan U.S. Quality Factor ETF Trading Up 0.5%

NYSEARCA:JQUA opened at $64.44 on Friday. The company has a 50-day moving average price of $62.99 and a 200-day moving average price of $62.12. The stock has a market cap of $7.75 billion, a price-to-earnings ratio of 23.86 and a beta of 0.93. JPMorgan U.S. Quality Factor ETF has a 12 month low of $49.25 and a 12 month high of $64.55.

JPMorgan U.S. 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.