Janney Montgomery Scott LLC Has $77.66 Million Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Janney Montgomery Scott LLC lifted its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 8.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 958,426 shares of the company’s stock after buying an additional 73,593 shares during the period. Janney Montgomery Scott LLC owned approximately 4.24% of JPMorgan Active Growth ETF worth $77,661,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also made changes to their positions in the stock. Daymark Wealth Partners LLC increased its holdings in JPMorgan Active Growth ETF by 0.8% in the 4th quarter. Daymark Wealth Partners LLC now owns 273,813 shares of the company’s stock valued at $22,187,000 after buying an additional 2,156 shares during the period. Purus Wealth Management LLC acquired a new stake in JPMorgan Active Growth ETF in the fourth quarter valued at about $2,583,000. Cambridge Advisors Inc. acquired a new position in JPMorgan Active Growth ETF during the fourth quarter worth about $1,270,000. Ameritas Advisory Services LLC increased its position in JPMorgan Active Growth ETF by 1.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,331 shares of the company’s stock worth $675,000 after purchasing an additional 152 shares in the last quarter. Finally, Lake Street Private Wealth LLC boosted its position in JPMorgan Active Growth ETF by 7.5% in the fourth quarter. Lake Street Private Wealth LLC now owns 11,626 shares of the company’s stock valued at $942,000 after buying an additional 810 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO opened at $84.90 on Thursday. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 52 week low of $63.07 and a 52 week high of $85.16. The stock has a fifty day moving average of $82.17 and a 200-day moving average of $77.86.

JPMorgan Active Growth ETF Company Profile

The Jpmorgan Active Growth ETF (JGRO) is an exchange-traded fund that mostly invests in large cap equity. The fund is actively managed to invest in US large-cap companies perceived to have strong earnings growth potential. JGRO was launched on Aug 8, 2022 and is managed by JPMorgan Chase.