JPMorgan Active Growth ETF (NYSEARCA:JGRO) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. increased its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 523.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 8,538,002 shares of the company’s stock after purchasing an additional 7,167,508 shares during the period. JPMorgan Chase & Co. owned 37.78% of JPMorgan Active Growth ETF worth $691,834,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Worth Financial Advisory Group LLC grew its position in JPMorgan Active Growth ETF by 5.1% in the 4th quarter. Worth Financial Advisory Group LLC now owns 4,018 shares of the company’s stock worth $326,000 after purchasing an additional 196 shares during the last quarter. Tyler Stone Wealth Management increased its position in JPMorgan Active Growth ETF by 79.0% in the 4th quarter. Tyler Stone Wealth Management now owns 42,565 shares of the company’s stock valued at $3,449,000 after acquiring an additional 18,787 shares during the period. Modern Wealth Management LLC bought a new stake in JPMorgan Active Growth ETF during the 4th quarter valued at $5,286,000. LPL Financial LLC boosted its position in JPMorgan Active Growth ETF by 43.2% during the 4th quarter. LPL Financial LLC now owns 3,643,903 shares of the company’s stock worth $295,265,000 after acquiring an additional 1,099,313 shares during the period. Finally, Wayfinding Financial LLC bought a new position in shares of JPMorgan Active Growth ETF in the fourth quarter worth $811,000.

JPMorgan Active Growth ETF Stock Down 2.5 %

Shares of NYSEARCA JGRO opened at $73.70 on Friday. The firm’s 50-day simple moving average is $80.36 and its 200 day simple moving average is $80.03. The stock has a market cap of $4.72 billion, a P/E ratio of 31.19 and a beta of 1.06. JPMorgan Active Growth ETF has a fifty-two week low of $65.31 and a fifty-two week high of $85.56.

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.