Geneos Wealth Management Inc. Makes New $9.04 Million Investment in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Geneos Wealth Management Inc. acquired a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 111,603 shares of the company’s stock, valued at approximately $9,043,000. Geneos Wealth Management Inc. owned 0.49% of JPMorgan Active Growth ETF at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Ameritas Advisory Services LLC increased its stake in JPMorgan Active Growth ETF by 1.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 8,331 shares of the company’s stock valued at $675,000 after purchasing an additional 152 shares in the last quarter. Aptus Capital Advisors LLC grew its holdings in shares of JPMorgan Active Growth ETF by 34.7% during the third quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock valued at $51,000 after buying an additional 172 shares during the last quarter. Worth Financial Advisory Group LLC increased its position in shares of JPMorgan Active Growth ETF by 5.3% during the third quarter. Worth Financial Advisory Group LLC now owns 3,822 shares of the company’s stock worth $294,000 after acquiring an additional 191 shares in the last quarter. Ignite Planners LLC raised its holdings in shares of JPMorgan Active Growth ETF by 8.9% in the 3rd quarter. Ignite Planners LLC now owns 3,399 shares of the company’s stock worth $261,000 after acquiring an additional 278 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its position in JPMorgan Active Growth ETF by 537.7% in the 4th quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock valued at $27,000 after acquiring an additional 285 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

JGRO stock opened at $84.97 on Friday. The company has a market capitalization of $1.92 billion, a P/E ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 52-week low of $63.26 and a 52-week high of $85.56. The business has a 50-day simple moving average of $82.43 and a two-hundred day simple moving average of $78.01.

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.