High Net Worth Advisory Group LLC Takes Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

High Net Worth Advisory Group LLC acquired a new position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 5,391 shares of the company’s stock, valued at approximately $437,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. American Trust bought a new stake in shares of JPMorgan Active Growth ETF in the second quarter worth about $52,259,000. Goldstein Advisors LLC increased its stake in JPMorgan Active Growth ETF by 167.9% during the 3rd quarter. Goldstein Advisors LLC now owns 704,612 shares of the company’s stock worth $54,171,000 after purchasing an additional 441,560 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan Active Growth ETF by 18.3% during the 3rd quarter. LPL Financial LLC now owns 2,544,590 shares of the company’s stock worth $195,628,000 after buying an additional 394,221 shares during the period. Captrust Financial Advisors lifted its stake in JPMorgan Active Growth ETF by 13.1% in the third quarter. Captrust Financial Advisors now owns 2,969,793 shares of the company’s stock valued at $228,317,000 after buying an additional 344,491 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan Active Growth ETF by 27.4% in the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock valued at $105,364,000 after buying an additional 294,827 shares during the period.

JPMorgan Active Growth ETF Stock Down 0.4 %

Shares of JGRO stock opened at $84.97 on Monday. The company has a market capitalization of $1.92 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 12-month low of $63.26 and a 12-month high of $85.56. The firm has a fifty day moving average of $82.43 and a 200-day moving average of $78.01.

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.