Beaumont Financial Advisors LLC Has $45.83 Million Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Beaumont Financial Advisors LLC cut its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 565,541 shares of the company’s stock after selling 41,550 shares during the period. JPMorgan Active Growth ETF accounts for 3.4% of Beaumont Financial Advisors LLC’s portfolio, making the stock its 4th largest position. Beaumont Financial Advisors LLC owned approximately 2.50% of JPMorgan Active Growth ETF worth $45,826,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in JGRO. Thurston Springer Miller Herd & Titak Inc. bought a new stake in JPMorgan Active Growth ETF during the fourth quarter valued at $29,000. Aptus Capital Advisors LLC raised its stake in JPMorgan Active Growth ETF by 34.7% during the third quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock worth $51,000 after acquiring an additional 172 shares during the period. Benjamin F. Edwards & Company Inc. bought a new position in JPMorgan Active Growth ETF in the second quarter worth about $126,000. FCG Investment Co acquired a new position in JPMorgan Active Growth ETF in the third quarter valued at approximately $201,000. Finally, Summit Wealth & Retirement Planning Inc. bought a new position in shares of JPMorgan Active Growth ETF during the third quarter valued at approximately $201,000.

JPMorgan Active Growth ETF Stock Performance

JPMorgan Active Growth ETF stock opened at $83.64 on Wednesday. The firm has a market capitalization of $1.89 billion, a P/E ratio of 39.06 and a beta of 1.33. The company has a 50-day simple moving average of $82.13 and a 200-day simple moving average of $77.81. JPMorgan Active Growth ETF has a one year low of $63.07 and a one year high of $84.87.

About JPMorgan Active Growth ETF

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.