Echo Wealth Management LLC Sells 347 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Echo Wealth Management LLC lowered its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 1.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 35,800 shares of the company’s stock after selling 347 shares during the period. JPMorgan Active Growth ETF comprises 2.0% of Echo Wealth Management LLC’s holdings, making the stock its 13th largest position. Echo Wealth Management LLC owned 0.16% of JPMorgan Active Growth ETF worth $2,901,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. Renaissance Technologies LLC acquired a new position in shares of JPMorgan Active Growth ETF in the second quarter valued at approximately $1,082,000. NewEdge Advisors LLC lifted its position in JPMorgan Active Growth ETF by 34.1% in the 2nd quarter. NewEdge Advisors LLC now owns 16,700 shares of the company’s stock valued at $1,255,000 after acquiring an additional 4,245 shares in the last quarter. B. Riley Wealth Advisors Inc. acquired a new position in JPMorgan Active Growth ETF in the 2nd quarter worth $225,000. Cetera Investment Advisers increased its holdings in JPMorgan Active Growth ETF by 115.7% during the 2nd quarter. Cetera Investment Advisers now owns 78,144 shares of the company’s stock worth $5,873,000 after purchasing an additional 41,909 shares in the last quarter. Finally, Founders Financial Alliance LLC acquired a new stake in shares of JPMorgan Active Growth ETF in the 2nd quarter valued at about $245,000.

JPMorgan Active Growth ETF Trading Down 0.4 %

Shares of JGRO opened at $84.97 on Friday. 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 12 month low of $63.26 and a 12 month high of $85.56. The firm has a fifty day simple moving average of $82.43 and a 200 day simple moving average of $78.01.

JPMorgan Active Growth ETF 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.