USAdvisors Wealth Management LLC Raises Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

USAdvisors Wealth Management LLC increased its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,821 shares of the company’s stock after acquiring an additional 1,042 shares during the period. USAdvisors Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $714,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of JGRO. Private Advisor Group LLC grew its stake in shares of JPMorgan Active Growth ETF by 159.7% during the third 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 last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Active Growth ETF during the fourth quarter valued at approximately $29,000. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Active Growth ETF by 27.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock valued at $105,364,000 after acquiring an additional 294,827 shares during the period. American Trust bought a new position in JPMorgan Active Growth ETF in the second quarter worth about $52,259,000. Finally, Raymond James & Associates raised its stake in shares of JPMorgan Active Growth ETF by 104.8% during the 3rd quarter. Raymond James & Associates now owns 340,728 shares of the company’s stock worth $26,195,000 after acquiring an additional 174,356 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

JPMorgan Active Growth ETF stock opened at $83.52 on Thursday. The stock has a market capitalization of $1.89 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The business has a fifty day moving average price of $82.56 and a 200-day moving average price of $78.10. JPMorgan Active Growth ETF has a 1-year low of $63.26 and a 1-year high of $85.56.

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.