GK Wealth Management LLC Invests $1.01 Million in JPMorgan Active Growth ETF $JGRO

GK Wealth Management LLC bought a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 10,904 shares of the company’s stock, valued at approximately $1,012,000.

A number of other institutional investors have also recently made changes to their positions in the business. Tcfg Wealth Management LLC bought a new stake in JPMorgan Active Growth ETF during the third quarter worth approximately $11,025,000. Wilmington Savings Fund Society FSB bought a new stake in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at approximately $40,000. Captrust Financial Advisors lifted its stake in shares of JPMorgan Active Growth ETF by 2.6% in the 3rd quarter. Captrust Financial Advisors now owns 3,730,483 shares of the company’s stock valued at $349,733,000 after purchasing an additional 96,009 shares during the last quarter. Penobscot Wealth Management purchased a new position in shares of JPMorgan Active Growth ETF in the 3rd quarter worth approximately $9,083,000. Finally, Advisory Services Network LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 36.6% in the 3rd quarter. Advisory Services Network LLC now owns 6,618 shares of the company’s stock worth $620,000 after purchasing an additional 1,774 shares during the period.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA JGRO opened at $85.63 on Friday. The business’s 50 day moving average price is $89.61 and its 200-day moving average price is $92.00. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $97.91. The company has a market cap of $8.00 billion, a P/E ratio of 35.50 and a beta of 1.09.

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.