Foundry Financial Group Inc. Has $4.76 Million Stock Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Foundry Financial Group Inc. boosted its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 2.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 61,866 shares of the company’s stock after acquiring an additional 1,279 shares during the quarter. JPMorgan Active Growth ETF accounts for approximately 3.0% of Foundry Financial Group Inc.’s portfolio, making the stock its 15th largest position. Foundry Financial Group Inc.’s holdings in JPMorgan Active Growth ETF were worth $4,756,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the business. Continuum Advisory LLC bought a new stake in JPMorgan Active Growth ETF in the 2nd quarter valued at $82,000. Whittier Trust Co. of Nevada Inc. increased its holdings in shares of JPMorgan Active Growth ETF by 23.9% in the first quarter. Whittier Trust Co. of Nevada Inc. now owns 1,380 shares of the company’s stock valued at $97,000 after purchasing an additional 266 shares during the last quarter. Benjamin F. Edwards & Company Inc. bought a new position in shares of JPMorgan Active Growth ETF in the second quarter valued at about $126,000. Tidal Investments LLC bought a new stake in shares of JPMorgan Active Growth ETF during the 1st quarter worth about $201,000. Finally, Worth Financial Advisory Group LLC acquired a new position in JPMorgan Active Growth ETF in the 1st quarter valued at about $207,000.

JPMorgan Active Growth ETF Trading Down 1.2 %

JGRO stock traded down $0.92 during mid-day trading on Wednesday, hitting $78.07. 55,697 shares of the company were exchanged, compared to its average volume of 224,094. JPMorgan Active Growth ETF has a 1-year low of $51.21 and a 1-year high of $79.19. The stock has a market capitalization of $1.76 billion, a PE ratio of 39.06 and a beta of 1.33. The business has a 50 day simple moving average of $75.67 and a 200-day simple moving average of $73.24.

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.