Janney Montgomery Scott LLC Acquires 73,593 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Janney Montgomery Scott LLC increased its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 8.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 958,426 shares of the company’s stock after buying an additional 73,593 shares during the quarter. Janney Montgomery Scott LLC’s holdings in JPMorgan Active Growth ETF were worth $77,661,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Active Growth ETF in the 4th quarter worth approximately $29,000. Aptus Capital Advisors LLC boosted its position in shares of JPMorgan Active Growth ETF by 34.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock valued at $51,000 after acquiring an additional 172 shares during the last quarter. Benjamin F. Edwards & Company Inc. purchased a new position in shares of JPMorgan Active Growth ETF during the second quarter worth about $126,000. FCG Investment Co bought a new position in shares of JPMorgan Active Growth ETF in the third quarter worth approximately $201,000. Finally, Summit Wealth & Retirement Planning Inc. purchased a new stake in JPMorgan Active Growth ETF in the third quarter valued at approximately $201,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA:JGRO opened at $84.90 on Thursday. The firm has a market capitalization of $1.92 billion, a PE ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 52-week low of $63.07 and a 52-week high of $85.16. The firm has a fifty day moving average of $82.17 and a 200 day moving average of $77.86.

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.