PNC Financial Services Group Inc. Increases Stock Holdings in JPMorgan Active Growth ETF $JGRO

PNC Financial Services Group Inc. boosted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.3% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 215,646 shares of the company’s stock after buying an additional 18,419 shares during the period. PNC Financial Services Group Inc. owned approximately 0.22% of JPMorgan Active Growth ETF worth $18,226,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its position in JPMorgan Active Growth ETF by 23.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock valued at $1,201,081,000 after acquiring an additional 2,472,865 shares during the last quarter. LPL Financial LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock worth $642,420,000 after acquiring an additional 884,710 shares during the last quarter. Citadel Advisors LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 2,198.7% in the 3rd quarter. Citadel Advisors LLC now owns 614,156 shares of the company’s stock worth $57,577,000 after acquiring an additional 587,439 shares during the last quarter. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Active Growth ETF by 20.2% in the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after acquiring an additional 387,862 shares during the last quarter. Finally, Sequoia Financial Advisors LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth about $31,059,000.

JPMorgan Active Growth ETF Trading Down 1.3%

JGRO stock opened at $92.02 on Friday. The stock has a market cap of $9.39 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 12 month low of $81.16 and a 12 month high of $99.73. The company has a 50-day moving average price of $96.08 and a 200 day moving average price of $92.23.

About JPMorgan Active Growth ETF

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.