JPMorgan Active Growth ETF (NYSEARCA:JGRO) Position Boosted by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 523.0% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 8,538,002 shares of the company’s stock after acquiring an additional 7,167,508 shares during the period. JPMorgan Chase & Co. owned 0.38% of JPMorgan Active Growth ETF worth $691,834,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the company. Sound Income Strategies LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 537.7% during the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after buying an additional 285 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter worth about $29,000. Assetmark Inc. acquired a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter worth approximately $49,000. Allworth Financial LP increased its holdings in JPMorgan Active Growth ETF by 12.0% during the 4th quarter. Allworth Financial LP now owns 1,118 shares of the company’s stock valued at $95,000 after purchasing an additional 120 shares in the last quarter. Finally, Empirical Asset Management LLC bought a new position in shares of JPMorgan Active Growth ETF in the fourth quarter valued at about $210,000.

JPMorgan Active Growth ETF Price Performance

Shares of JPMorgan Active Growth ETF stock opened at $73.70 on Friday. The firm has a market cap of $4.72 billion, a P/E ratio of 31.19 and a beta of 1.06. JPMorgan Active Growth ETF has a fifty-two week low of $65.31 and a fifty-two week high of $85.56. The firm has a 50 day simple moving average of $80.36 and a 200 day simple moving average of $80.03.

JPMorgan Active Growth ETF 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.