TFC Financial Management Inc. Purchases 11,653 Shares of JPMorgan U.S. Quality Factor ETF $JQUA

TFC Financial Management Inc. increased its position in shares of JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA) by 1.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 731,319 shares of the company’s stock after buying an additional 11,653 shares during the quarter. JPMorgan U.S. Quality Factor ETF comprises about 5.8% of TFC Financial Management Inc.’s portfolio, making the stock its 5th biggest position. TFC Financial Management Inc. owned approximately 0.61% of JPMorgan U.S. Quality Factor ETF worth $46,205,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Beacon Bridge Wealth Partners LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 1.5% in the third quarter. Beacon Bridge Wealth Partners LLC now owns 13,039 shares of the company’s stock worth $820,000 after purchasing an additional 190 shares during the last quarter. Financial Network Wealth Advisors LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 3.7% in the third quarter. Financial Network Wealth Advisors LLC now owns 5,574 shares of the company’s stock worth $351,000 after purchasing an additional 198 shares during the last quarter. Redwood Financial Network Corp raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 5.7% in the second quarter. Redwood Financial Network Corp now owns 4,263 shares of the company’s stock worth $256,000 after purchasing an additional 228 shares during the last quarter. SeaCrest Wealth Management LLC raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 6.3% in the third quarter. SeaCrest Wealth Management LLC now owns 4,062 shares of the company’s stock worth $256,000 after purchasing an additional 240 shares during the last quarter. Finally, Patten Group Inc. raised its stake in shares of JPMorgan U.S. Quality Factor ETF by 2.5% in the third quarter. Patten Group Inc. now owns 9,927 shares of the company’s stock worth $625,000 after purchasing an additional 243 shares during the last quarter.

JPMorgan U.S. Quality Factor ETF Stock Up 0.6%

Shares of JPMorgan U.S. Quality Factor ETF stock opened at $64.15 on Wednesday. The company has a market cap of $7.18 billion, a PE ratio of 23.86 and a beta of 0.91. JPMorgan U.S. Quality Factor ETF has a 52 week low of $51.76 and a 52 week high of $64.90. The business has a 50 day moving average price of $63.01 and a 200-day moving average price of $63.11.

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.