JPMorgan Chase & Co. Increases Holdings in JPMorgan Active Growth ETF $JGRO

JPMorgan Chase & Co. increased its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 8.9% during the 2nd quarter, Holdings Channel reports. The firm owned 9,351,704 shares of the company’s stock after acquiring an additional 766,315 shares during the quarter. JPMorgan Chase & Co. owned about 0.12% of JPMorgan Active Growth ETF worth $804,901,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Carnegie Investment Counsel lifted its holdings in shares of JPMorgan Active Growth ETF by 1.8% in the 1st quarter. Carnegie Investment Counsel now owns 16,923 shares of the company’s stock worth $1,249,000 after buying an additional 299 shares during the period. Avantax Advisory Services Inc. raised its holdings in shares of JPMorgan Active Growth ETF by 19.3% in the first quarter. Avantax Advisory Services Inc. now owns 15,420 shares of the company’s stock valued at $1,138,000 after acquiring an additional 2,500 shares in the last quarter. Cetera Investment Advisers lifted its stake in JPMorgan Active Growth ETF by 36.5% in the first quarter. Cetera Investment Advisers now owns 248,256 shares of the company’s stock worth $18,319,000 after acquiring an additional 66,322 shares during the period. Drive Wealth Management LLC grew its holdings in JPMorgan Active Growth ETF by 38.5% during the 1st quarter. Drive Wealth Management LLC now owns 5,439 shares of the company’s stock worth $401,000 after acquiring an additional 1,511 shares in the last quarter. Finally, Nvwm LLC grew its holdings in JPMorgan Active Growth ETF by 33.3% during the 1st quarter. Nvwm LLC now owns 4,000 shares of the company’s stock worth $295,000 after acquiring an additional 1,000 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA JGRO opened at $89.78 on Friday. JPMorgan Active Growth ETF has a one year low of $63.33 and a one year high of $97.91. The company has a market capitalization of $7.52 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The company’s 50-day simple moving average is $93.72 and its two-hundred day simple moving average is $88.31.

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.