Lakeridge Wealth Management LLC Raises Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Lakeridge Wealth Management LLC boosted its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 85.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The fund owned 7,161 shares of the company’s stock after purchasing an additional 3,308 shares during the period. Lakeridge Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $528,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of JGRO. Opal Wealth Advisors LLC bought a new position in JPMorgan Active Growth ETF during the 1st quarter worth approximately $42,000. Mascagni Wealth Management Inc. bought a new position in JPMorgan Active Growth ETF during the 4th quarter worth approximately $47,000. Assetmark Inc. bought a new position in JPMorgan Active Growth ETF during the 4th quarter worth approximately $49,000. Allworth Financial LP lifted its holdings in JPMorgan Active Growth ETF by 12.0% during the 4th quarter. Allworth Financial LP now owns 1,118 shares of the company’s stock worth $95,000 after buying an additional 120 shares during the last quarter. Finally, Fourth Dimension Wealth LLC bought a new position in JPMorgan Active Growth ETF during the 4th quarter worth approximately $162,000.

JPMorgan Active Growth ETF Stock Down 1.1%

NYSEARCA:JGRO opened at $82.06 on Friday. The company has a market cap of $5.75 billion, a PE ratio of 31.94 and a beta of 1.08. JPMorgan Active Growth ETF has a 52 week low of $63.33 and a 52 week high of $85.56. The business’s 50 day moving average is $77.02 and its two-hundred day moving average is $79.29.

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.