Fermata Advisors LLC Invests $1.61 Million in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Fermata Advisors LLC acquired a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 19,830 shares of the company’s stock, valued at approximately $1,607,000. Fermata Advisors LLC owned about 0.09% of JPMorgan Active Growth ETF at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of JPMorgan Active Growth ETF in the 4th quarter valued at $29,000. Aptus Capital Advisors LLC raised its stake in JPMorgan Active Growth ETF by 34.7% during the third quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock worth $51,000 after acquiring an additional 172 shares in the last quarter. Benjamin F. Edwards & Company Inc. bought a new position in shares of JPMorgan Active Growth ETF in the second quarter worth about $126,000. Summit Wealth & Retirement Planning Inc. acquired a new stake in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at approximately $201,000. Finally, FCG Investment Co bought a new stake in shares of JPMorgan Active Growth ETF during the 3rd quarter valued at approximately $201,000.

JPMorgan Active Growth ETF Price Performance

Shares of NYSEARCA:JGRO opened at $81.96 on Friday. JPMorgan Active Growth ETF has a one year low of $60.79 and a one year high of $84.87. The company has a market cap of $1.85 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The firm has a 50 day simple moving average of $82.07 and a 200 day simple moving average of $77.67.

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.