GGM Financials LLC Boosts Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

GGM Financials LLC grew its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 338.0% during the first quarter, Holdings Channel reports. The institutional investor owned 532,792 shares of the company’s stock after buying an additional 411,148 shares during the period. JPMorgan Active Growth ETF comprises 26.8% of GGM Financials LLC’s holdings, making the stock its biggest position. GGM Financials LLC’s holdings in JPMorgan Active Growth ETF were worth $39,315,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in JGRO. JPMorgan Chase & Co. lifted its holdings in JPMorgan Active Growth ETF by 523.0% during the fourth quarter. JPMorgan Chase & Co. now owns 8,538,002 shares of the company’s stock valued at $691,834,000 after purchasing an additional 7,167,508 shares in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Active Growth ETF by 43.2% in the fourth quarter. LPL Financial LLC now owns 3,643,903 shares of the company’s stock worth $295,265,000 after purchasing an additional 1,099,313 shares in the last quarter. Ameriprise Financial Inc. raised its position in shares of JPMorgan Active Growth ETF by 84.6% during the 4th quarter. Ameriprise Financial Inc. now owns 3,473,064 shares of the company’s stock valued at $281,341,000 after purchasing an additional 1,591,923 shares during the period. Captrust Financial Advisors lifted its stake in shares of JPMorgan Active Growth ETF by 6.8% during the 4th quarter. Captrust Financial Advisors now owns 3,172,304 shares of the company’s stock valued at $257,051,000 after buying an additional 202,511 shares in the last quarter. Finally, Strategic Financial Concepts LLC lifted its stake in shares of JPMorgan Active Growth ETF by 14,999.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 2,247,244 shares of the company’s stock valued at $182,094,000 after buying an additional 2,232,361 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO stock opened at $82.50 on Friday. JPMorgan Active Growth ETF has a 52-week low of $63.33 and a 52-week high of $85.56. The firm has a market capitalization of $5.78 billion, a PE ratio of 31.94 and a beta of 1.08. The stock has a fifty day simple moving average of $75.67 and a two-hundred day simple moving average of $79.24.

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.