Tenzing Financial LLC Acquires New Shares in JPMorgan U.S. Quality Factor ETF $JQUA
by Amy Steele · The Cerbat GemTenzing Financial LLC acquired a new stake in JPMorgan U.S. Quality Factor ETF (NYSEARCA:JQUA – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 113,289 shares of the company’s stock, valued at approximately $7,158,000. JPMorgan U.S. Quality Factor ETF comprises about 5.8% of Tenzing Financial LLC’s portfolio, making the stock its 5th largest position.
A number of other large investors have also recently added to or reduced their stakes in the business. Savant Capital LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 10.8% in the fourth quarter. Savant Capital LLC now owns 10,256,962 shares of the company’s stock valued at $648,035,000 after acquiring an additional 996,453 shares during the last quarter. Signaturefd LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 1.2% in the fourth quarter. Signaturefd LLC now owns 5,453,982 shares of the company’s stock valued at $344,583,000 after acquiring an additional 66,385 shares during the last quarter. Morgan Stanley lifted its holdings in JPMorgan U.S. Quality Factor ETF by 11.0% in the fourth quarter. Morgan Stanley now owns 2,960,267 shares of the company’s stock valued at $187,030,000 after acquiring an additional 293,117 shares during the last quarter. Sage Mountain Advisors LLC lifted its holdings in JPMorgan U.S. Quality Factor ETF by 1.7% in the fourth quarter. Sage Mountain Advisors LLC now owns 2,939,552 shares of the company’s stock valued at $185,721,000 after acquiring an additional 50,109 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in JPMorgan U.S. Quality Factor ETF by 53.0% in the third quarter. JPMorgan Chase & Co. now owns 2,027,896 shares of the company’s stock valued at $127,575,000 after acquiring an additional 702,461 shares during the last quarter.
JPMorgan U.S. Quality Factor ETF Stock Performance
JQUA opened at $71.00 on Monday. JPMorgan U.S. Quality Factor ETF has a one year low of $58.31 and a one year high of $72.18. The stock has a market capitalization of $7.98 billion, a PE ratio of 23.86 and a beta of 0.91. The business’s 50 day moving average price is $67.38 and its 200 day moving average price is $64.84.
About JPMorgan U.S. Quality Factor ETF
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.
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