Tull Financial Group Inc. Buys Shares of 424,696 JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Tull Financial Group Inc. purchased a new position in shares of JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 424,696 shares of the company’s stock, valued at approximately $24,025,000. JPMorgan US Quality Factor ETF comprises about 14.6% of Tull Financial Group Inc.’s holdings, making the stock its 3rd largest holding.

Other institutional investors have also recently made changes to their positions in the company. Savant Capital LLC lifted its holdings in shares of JPMorgan US Quality Factor ETF by 26.2% in the 2nd quarter. Savant Capital LLC now owns 2,848,449 shares of the company’s stock worth $150,825,000 after acquiring an additional 590,900 shares during the last quarter. LPL Financial LLC grew its stake in shares of JPMorgan US Quality Factor ETF by 16.9% in the second quarter. LPL Financial LLC now owns 3,028,907 shares of the company’s stock valued at $160,381,000 after buying an additional 437,404 shares in the last quarter. West Wealth Group LLC purchased a new stake in shares of JPMorgan US Quality Factor ETF in the 1st quarter valued at $14,381,000. Raymond James Financial Services Advisors Inc. lifted its stake in JPMorgan US Quality Factor ETF by 63.9% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 691,322 shares of the company’s stock worth $36,606,000 after acquiring an additional 269,577 shares in the last quarter. Finally, Sanctuary Advisors LLC purchased a new position in JPMorgan US Quality Factor ETF during the 2nd quarter valued at about $13,349,000.

JPMorgan US Quality Factor ETF Price Performance

NYSEARCA JQUA opened at $57.28 on Tuesday. The company has a market cap of $4.64 billion, a P/E ratio of 25.27 and a beta of 0.94. The stock has a 50-day moving average of $55.74 and a two-hundred day moving average of $53.48. JPMorgan US Quality Factor ETF has a 1-year low of $41.37 and a 1-year high of $57.90.

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.