Gateway Wealth Partners LLC Boosts Holdings in JPMorgan Active Growth ETF $JGRO

Gateway Wealth Partners LLC lifted its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 74.5% in the first quarter, Holdings Channel reports. The institutional investor owned 16,514 shares of the company’s stock after acquiring an additional 7,053 shares during the quarter. Gateway Wealth Partners LLC’s holdings in JPMorgan Active Growth ETF were worth $1,396,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Modern Wealth Management LLC grew its position in JPMorgan Active Growth ETF by 5.2% in the first quarter. Modern Wealth Management LLC now owns 63,750 shares of the company’s stock worth $5,443,000 after acquiring an additional 3,159 shares during the period. Greenline Wealth Management LLC raised its position in JPMorgan Active Growth ETF by 4.4% in the first quarter. Greenline Wealth Management LLC now owns 48,624 shares of the company’s stock valued at $4,110,000 after purchasing an additional 2,035 shares during the period. Lido Advisors LLC raised its position in JPMorgan Active Growth ETF by 173.9% in the first quarter. Lido Advisors LLC now owns 9,450 shares of the company’s stock valued at $799,000 after purchasing an additional 6,000 shares during the period. Cetera Investment Advisers lifted its stake in shares of JPMorgan Active Growth ETF by 123.2% in the 1st quarter. Cetera Investment Advisers now owns 1,196,206 shares of the company’s stock valued at $101,103,000 after purchasing an additional 660,186 shares during the last quarter. Finally, PNC Financial Services Group Inc. lifted its stake in shares of JPMorgan Active Growth ETF by 9.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 215,646 shares of the company’s stock valued at $18,226,000 after purchasing an additional 18,419 shares during the last quarter.

JPMorgan Active Growth ETF Trading Down 1.0%

NYSEARCA JGRO opened at $90.37 on Wednesday. The stock has a fifty day simple moving average of $95.87 and a 200-day simple moving average of $92.18. The stock has a market cap of $9.22 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73.

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.