JPMorgan Active Growth ETF $JGRO Holdings Trimmed by Centerpoint Advisory Group

Centerpoint Advisory Group lowered its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.3% in the third quarter, Holdings Channel reports. The institutional investor owned 58,242 shares of the company’s stock after selling 5,997 shares during the period. JPMorgan Active Growth ETF accounts for 4.2% of Centerpoint Advisory Group’s holdings, making the stock its 5th biggest holding. Centerpoint Advisory Group’s holdings in JPMorgan Active Growth ETF were worth $5,460,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Riverstone Advisors LLC purchased a new position in JPMorgan Active Growth ETF in the 2nd quarter valued at approximately $275,000. Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in JPMorgan Active Growth ETF in the third quarter valued at $1,867,000. Ascent Group LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 92.4% during the 3rd quarter. Ascent Group LLC now owns 36,538 shares of the company’s stock worth $3,425,000 after acquiring an additional 17,550 shares during the period. Daymark Wealth Partners LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 4.5% in the 3rd quarter. Daymark Wealth Partners LLC now owns 373,145 shares of the company’s stock valued at $34,982,000 after purchasing an additional 16,156 shares during the last quarter. Finally, Formidable Asset Management LLC raised its holdings in shares of JPMorgan Active Growth ETF by 18.3% in the 3rd quarter. Formidable Asset Management LLC now owns 60,527 shares of the company’s stock worth $5,210,000 after purchasing an additional 9,342 shares during the period.

JPMorgan Active Growth ETF Stock Down 0.9%

JPMorgan Active Growth ETF stock opened at $91.27 on Friday. The firm has a fifty day moving average of $93.09 and a 200-day moving average of $91.99. JPMorgan Active Growth ETF has a 52-week low of $63.33 and a 52-week high of $97.91. The firm has a market capitalization of $8.48 billion, a P/E ratio of 35.50 and a beta of 1.09.

JPMorgan Active Growth ETF 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.