Steph & Co. Has $39.08 Million Stock Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Steph & Co. grew its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 1.1% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 482,258 shares of the company’s stock after purchasing an additional 5,291 shares during the quarter. JPMorgan Active Growth ETF makes up approximately 13.2% of Steph & Co.’s investment portfolio, making the stock its 3rd largest position. Steph & Co. owned approximately 2.13% of JPMorgan Active Growth ETF worth $39,077,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the stock. Private Advisor Group LLC boosted its position in JPMorgan Active Growth ETF by 159.7% in the 3rd quarter. Private Advisor Group LLC now owns 48,472 shares of the company’s stock valued at $3,727,000 after buying an additional 29,809 shares during the period. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Active Growth ETF by 27.4% in the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock valued at $105,364,000 after purchasing an additional 294,827 shares during the period. American Trust bought a new position in JPMorgan Active Growth ETF in the second quarter worth approximately $52,259,000. Raymond James & Associates raised its position in JPMorgan Active Growth ETF by 104.8% during the 3rd quarter. Raymond James & Associates now owns 340,728 shares of the company’s stock valued at $26,195,000 after purchasing an additional 174,356 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its position in JPMorgan Active Growth ETF by 11.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 884,833 shares of the company’s stock valued at $68,026,000 after purchasing an additional 91,985 shares in the last quarter.

JPMorgan Active Growth ETF Trading Up 2.4 %

JGRO opened at $82.30 on Thursday. The company has a market capitalization of $1.86 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 $60.79 and a 12-month high of $84.87. The business’s fifty day simple moving average is $82.03 and its 200-day simple moving average is $77.64.

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.