Strategic Financial Concepts LLC Increases Stock Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Strategic Financial Concepts LLC lifted its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 14,999.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,247,244 shares of the company’s stock after buying an additional 2,232,361 shares during the period. Strategic Financial Concepts LLC owned about 9.94% of JPMorgan Active Growth ETF worth $182,094,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Sound Income Strategies LLC raised its position in JPMorgan Active Growth ETF by 537.7% in the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after acquiring an additional 285 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Active Growth ETF in the 4th quarter valued at about $29,000. Aptus Capital Advisors LLC lifted its stake in shares of JPMorgan Active Growth ETF by 34.7% in the third quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock valued at $51,000 after purchasing an additional 172 shares during the period. Empirical Asset Management LLC purchased a new stake in JPMorgan Active Growth ETF during the fourth quarter worth about $210,000. Finally, Hartford Financial Management Inc. acquired a new position in JPMorgan Active Growth ETF during the fourth quarter worth about $211,000.

JPMorgan Active Growth ETF Trading Up 0.5 %

Shares of JPMorgan Active Growth ETF stock opened at $84.39 on Friday. The company has a 50-day moving average of $82.87 and a two-hundred day moving average of $78.42. The stock has a market cap of $1.91 billion, a PE ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 12-month low of $65.31 and a 12-month high of $85.56.

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.