Ferguson Shapiro LLC Purchases Shares of 141,156 JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Ferguson Shapiro LLC acquired a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the 3rd quarter, according to its most recent 13F filing with the SEC. The firm acquired 141,156 shares of the company’s stock, valued at approximately $10,852,000. JPMorgan Active Growth ETF makes up 4.0% of Ferguson Shapiro LLC’s portfolio, making the stock its 7th largest position.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC boosted its stake in JPMorgan Active Growth ETF by 67.2% in the second quarter. LPL Financial LLC now owns 2,150,369 shares of the company’s stock worth $161,600,000 after buying an additional 863,987 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of JPMorgan Active Growth ETF by 13.5% in the 1st quarter. Captrust Financial Advisors now owns 1,584,813 shares of the company’s stock valued at $111,270,000 after purchasing an additional 187,922 shares in the last quarter. Commonwealth Equity Services LLC grew its holdings in shares of JPMorgan Active Growth ETF by 46.5% during the 2nd quarter. Commonwealth Equity Services LLC now owns 1,057,564 shares of the company’s stock valued at $79,476,000 after purchasing an additional 335,833 shares during the last quarter. CWM LLC lifted its stake in JPMorgan Active Growth ETF by 15.1% in the third quarter. CWM LLC now owns 961,254 shares of the company’s stock worth $73,901,000 after purchasing an additional 126,344 shares during the last quarter. Finally, Strategic Financial Concepts LLC boosted its position in JPMorgan Active Growth ETF by 21,408.9% during the second quarter. Strategic Financial Concepts LLC now owns 730,656 shares of the company’s stock valued at $549,000 after buying an additional 727,259 shares during the period.

JPMorgan Active Growth ETF Trading Up 0.7 %

Shares of NYSEARCA:JGRO opened at $78.43 on Friday. The stock has a market capitalization of $1.77 billion, a P/E ratio of 39.06 and a beta of 1.33. The stock’s 50-day moving average price is $74.45 and its 200-day moving average price is $72.79. JPMorgan Active Growth ETF has a 12-month low of $51.21 and a 12-month high of $78.51.

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.