Lake Street Private Wealth LLC Lowers Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Lake Street Private Wealth LLC lowered its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 7.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,816 shares of the company’s stock after selling 854 shares during the period. Lake Street Private Wealth LLC’s holdings in JPMorgan Active Growth ETF were worth $832,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Cambridge Investment Research Advisors Inc. increased its holdings in shares of JPMorgan Active Growth ETF by 47.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 65,783 shares of the company’s stock worth $4,944,000 after buying an additional 21,069 shares during the period. Raymond James & Associates increased its holdings in shares of JPMorgan Active Growth ETF by 28.2% in the second quarter. Raymond James & Associates now owns 166,372 shares of the company’s stock worth $12,503,000 after buying an additional 36,636 shares during the period. Cetera Advisors LLC increased its holdings in shares of JPMorgan Active Growth ETF by 19.0% in the first quarter. Cetera Advisors LLC now owns 5,675 shares of the company’s stock worth $398,000 after buying an additional 907 shares during the period. Kingsview Wealth Management LLC purchased a new position in JPMorgan Active Growth ETF during the 1st quarter valued at about $252,000. Finally, Raymond James Financial Services Advisors Inc. increased its holdings in JPMorgan Active Growth ETF by 96.1% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 321,913 shares of the company’s stock valued at $24,192,000 after purchasing an additional 157,744 shares during the period.

JPMorgan Active Growth ETF Price Performance

NYSEARCA:JGRO traded down $0.48 during mid-day trading on Wednesday, reaching $78.51. 39,736 shares of the company’s stock traded hands, compared to its average volume of 224,016. JPMorgan Active Growth ETF has a 12-month low of $51.21 and a 12-month high of $79.19. The firm has a market capitalization of $1.77 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The company has a 50 day moving average price of $75.67 and a 200-day moving average price 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.