JPMorgan Active Growth ETF (NYSEARCA:JGRO) Shares Sold by Massmutual Trust Co. FSB ADV

Massmutual Trust Co. FSB ADV lowered its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 10.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 20,427 shares of the company’s stock after selling 2,491 shares during the quarter. Massmutual Trust Co. FSB ADV owned about 0.09% of JPMorgan Active Growth ETF worth $1,535,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Steph & Co. purchased a new position in shares of JPMorgan Active Growth ETF in the first quarter worth approximately $34,522,000. Commonwealth Equity Services LLC lifted its stake in shares of JPMorgan Active Growth ETF by 130.7% in the 4th quarter. Commonwealth Equity Services LLC now owns 697,290 shares of the company’s stock valued at $42,597,000 after purchasing an additional 395,070 shares during the last quarter. Advantage Trust Co bought a new stake in JPMorgan Active Growth ETF in the fourth quarter worth $16,070,000. Avior Wealth Management LLC bought a new position in JPMorgan Active Growth ETF during the fourth quarter valued at about $13,350,000. Finally, Orrstown Financial Services Inc. lifted its position in shares of JPMorgan Active Growth ETF by 974.8% in the first quarter. Orrstown Financial Services Inc. now owns 218,069 shares of the company’s stock worth $15,311,000 after buying an additional 197,779 shares during the last quarter.

JPMorgan Active Growth ETF Stock Down 2.9 %

Shares of NYSEARCA:JGRO traded down $2.02 during trading on Monday, reaching $67.87. The stock had a trading volume of 367,198 shares, compared to its average volume of 211,786. The firm has a market capitalization of $1.53 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 $51.21 and a 52 week high of $78.28. The stock has a fifty day simple moving average of $74.19 and a two-hundred day simple moving average of $70.35.

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.