JPMorgan Active Growth ETF (NYSEARCA:JGRO) Sees Unusually-High Trading Volume – Here’s What Happened

JPMorgan Active Growth ETF (NYSEARCA:JGRO) saw unusually-strong trading volume on Thursday . 2,175,217 shares changed hands during trading, an increase of 275% from the previous session’s volume of 579,857 shares.The stock last traded at $93.28 and had previously closed at $94.58.

JPMorgan Active Growth ETF Stock Down 1.3%

The company has a 50 day moving average of $96.08 and a 200 day moving average of $92.23. The firm has a market cap of $9.39 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09.

Institutional Investors Weigh In On JPMorgan Active Growth ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Pflug Koory LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter worth approximately $28,000. O Shaughnessy Asset Management LLC increased its stake in shares of JPMorgan Active Growth ETF by 59.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock worth $28,000 after buying an additional 113 shares during the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of JPMorgan Active Growth ETF in the fourth quarter worth $34,000. Finally, Fairway Wealth LLC bought a new stake in shares of JPMorgan Active Growth ETF in the fourth quarter worth $35,000.

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.