Avantax Advisory Services Inc. Acquires 2,563 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Avantax Advisory Services Inc. raised its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 24.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,920 shares of the company’s stock after purchasing an additional 2,563 shares during the quarter. Avantax Advisory Services Inc. owned 0.06% of JPMorgan Active Growth ETF worth $1,047,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in JGRO. Captrust Financial Advisors increased its stake in shares of JPMorgan Active Growth ETF by 13.1% during 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 during the period. LPL Financial LLC grew its stake in shares of JPMorgan Active Growth ETF by 18.3% during the third quarter. LPL Financial LLC now owns 2,544,590 shares of the company’s stock worth $195,628,000 after acquiring an additional 394,221 shares during the last quarter. Strategic Financial Concepts LLC grew its stake in shares of JPMorgan Active Growth ETF by 14,999.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 2,247,244 shares of the company’s stock worth $182,094,000 after acquiring an additional 2,232,361 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Growth ETF by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock worth $105,364,000 after acquiring an additional 294,827 shares during the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter worth about $90,339,000.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO stock opened at $75.44 on Thursday. JPMorgan Active Growth ETF has a fifty-two week low of $65.31 and a fifty-two week high of $85.56. The firm has a market capitalization of $4.70 billion, a price-to-earnings ratio of 31.64 and a beta of 1.06. The stock’s 50-day simple moving average is $81.15 and its 200-day simple moving average is $79.91.

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.