JPMorgan Active Growth ETF (NYSEARCA:JGRO) is Steph & Co.’s 3rd Largest Position

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

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Envestnet Asset Management Inc. boosted its holdings in JPMorgan Active Growth ETF by 6.0% during the second quarter. Envestnet Asset Management Inc. now owns 506,374 shares of the company’s stock worth $38,054,000 after buying an additional 28,575 shares in the last quarter. Renaissance Technologies LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the 2nd quarter worth about $1,082,000. Perennial Investment Advisors LLC acquired a new stake in shares of JPMorgan Active Growth ETF during the 2nd quarter valued at about $259,000. Argent Trust Co increased its stake in shares of JPMorgan Active Growth ETF by 4.2% in the 2nd quarter. Argent Trust Co now owns 17,258 shares of the company’s stock valued at $1,297,000 after purchasing an additional 700 shares in the last quarter. Finally, WCG Wealth Advisors LLC acquired a new position in JPMorgan Active Growth ETF in the 2nd quarter worth about $2,302,000.

JPMorgan Active Growth ETF Trading Up 2.4 %

Shares of JGRO stock opened at $82.30 on Thursday. The company has a market capitalization of $1.86 billion, a P/E 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 50 day moving average is $82.03 and its two-hundred day moving average is $77.64.

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.