JPMorgan Active Growth ETF (NYSEARCA:JGRO) is Resolute Wealth Strategies LLC’s 10th Largest Position

Resolute Wealth Strategies LLC grew its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 8.2% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 59,196 shares of the company’s stock after buying an additional 4,474 shares during the quarter. JPMorgan Active Growth ETF comprises 2.5% of Resolute Wealth Strategies LLC’s portfolio, making the stock its 10th largest holding. Resolute Wealth Strategies LLC’s holdings in JPMorgan Active Growth ETF were worth $4,797,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Keystone Wealth Services LLC boosted its stake in shares of JPMorgan Active Growth ETF by 270.5% in the 4th quarter. Keystone Wealth Services LLC now owns 21,906 shares of the company’s stock valued at $1,775,000 after buying an additional 15,993 shares during the period. Jones Financial Companies Lllp boosted its stake in shares of JPMorgan Active Growth ETF by 168.5% in the 4th quarter. Jones Financial Companies Lllp now owns 493,749 shares of the company’s stock valued at $40,009,000 after buying an additional 309,871 shares during the period. Schneider Downs Wealth Management Advisors LP boosted its stake in shares of JPMorgan Active Growth ETF by 38.2% in the 4th quarter. Schneider Downs Wealth Management Advisors LP now owns 14,731 shares of the company’s stock valued at $1,194,000 after buying an additional 4,074 shares during the period. Twin Peaks Wealth Advisors LLC purchased a new position in shares of JPMorgan Active Growth ETF in the 4th quarter valued at about $299,000. Finally, IFP Advisors Inc boosted its stake in shares of JPMorgan Active Growth ETF by 40.9% in the 4th quarter. IFP Advisors Inc now owns 30,095 shares of the company’s stock valued at $2,439,000 after buying an additional 8,740 shares during the period.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO opened at $78.65 on Tuesday. The stock has a 50-day simple moving average of $82.81 and a 200-day simple moving average of $79.89. The stock has a market capitalization of $4.75 billion, a PE ratio of 35.80 and a beta of 1.04. JPMorgan Active Growth ETF has a 1 year low of $65.31 and a 1 year high of $85.56.

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.