Ferguson Shapiro LLC Boosts Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Ferguson Shapiro LLC grew its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 8.1% during the 4th quarter, HoldingsChannel reports. The firm owned 152,553 shares of the company’s stock after purchasing an additional 11,397 shares during the quarter. JPMorgan Active Growth ETF comprises approximately 4.6% of Ferguson Shapiro LLC’s holdings, making the stock its 7th largest position. Ferguson Shapiro LLC’s holdings in JPMorgan Active Growth ETF were worth $12,361,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. USAdvisors Wealth Management LLC increased its stake in shares of JPMorgan Active Growth ETF by 13.4% in the 4th quarter. USAdvisors Wealth Management LLC now owns 8,821 shares of the company’s stock valued at $714,000 after purchasing an additional 1,042 shares during the last quarter. Orrstown Financial Services Inc. increased its stake in shares of JPMorgan Active Growth ETF by 4.2% in the 4th quarter. Orrstown Financial Services Inc. now owns 209,812 shares of the company’s stock valued at $17,001,000 after purchasing an additional 8,509 shares during the last quarter. Strategic Blueprint LLC increased its stake in shares of JPMorgan Active Growth ETF by 14.4% in the 4th quarter. Strategic Blueprint LLC now owns 85,829 shares of the company’s stock valued at $6,955,000 after purchasing an additional 10,795 shares during the last quarter. Gateway Wealth Partners LLC increased its stake in shares of JPMorgan Active Growth ETF by 44.4% in the 4th quarter. Gateway Wealth Partners LLC now owns 5,067 shares of the company’s stock valued at $411,000 after purchasing an additional 1,559 shares during the last quarter. Finally, Patriot Financial Group Insurance Agency LLC increased its stake in shares of JPMorgan Active Growth ETF by 47.6% in the 4th quarter. Patriot Financial Group Insurance Agency LLC now owns 55,721 shares of the company’s stock valued at $4,515,000 after purchasing an additional 17,966 shares during the last quarter.

JPMorgan Active Growth ETF Stock Down 0.5 %

NYSEARCA JGRO opened at $83.52 on Thursday. JPMorgan Active Growth ETF has a twelve month low of $63.26 and a twelve month high of $85.56. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The business’s fifty day moving average is $82.56 and its 200 day moving average is $78.10.

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.