Riverstone Advisors LLC Buys Shares of 3,198 JPMorgan Active Growth ETF $JGRO

Riverstone Advisors LLC acquired a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 3,198 shares of the company’s stock, valued at approximately $275,000.

Several other hedge funds have also added to or reduced their stakes in JGRO. Ashton Thomas Private Wealth LLC increased its position in JPMorgan Active Growth ETF by 0.5% in the 2nd quarter. Ashton Thomas Private Wealth LLC now owns 25,560 shares of the company’s stock valued at $2,200,000 after acquiring an additional 134 shares during the period. Opal Wealth Advisors LLC grew its stake in shares of JPMorgan Active Growth ETF by 29.0% in the second quarter. Opal Wealth Advisors LLC now owns 733 shares of the company’s stock worth $63,000 after purchasing an additional 165 shares during the last quarter. YHB Investment Advisors Inc. increased its holdings in JPMorgan Active Growth ETF by 4.4% in the second quarter. YHB Investment Advisors Inc. now owns 4,282 shares of the company’s stock valued at $369,000 after purchasing an additional 180 shares during the period. Fagan Associates Inc. raised its position in JPMorgan Active Growth ETF by 4.8% during the 2nd quarter. Fagan Associates Inc. now owns 4,652 shares of the company’s stock worth $400,000 after purchasing an additional 212 shares during the last quarter. Finally, Belpointe Asset Management LLC lifted its holdings in JPMorgan Active Growth ETF by 0.9% during the 2nd quarter. Belpointe Asset Management LLC now owns 25,313 shares of the company’s stock worth $2,179,000 after buying an additional 232 shares during the period.

JPMorgan Active Growth ETF Trading Up 0.3%

NYSEARCA JGRO opened at $89.78 on Friday. The business’s 50-day moving average price is $93.72 and its two-hundred day moving average price is $88.22. The firm has a market capitalization of $7.52 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 12 month low of $63.33 and a 12 month high of $97.91.

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.