Jones Financial Companies Lllp Raises Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Jones Financial Companies Lllp lifted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 168.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 493,749 shares of the company’s stock after acquiring an additional 309,871 shares during the period. Jones Financial Companies Lllp owned 2.18% of JPMorgan Active Growth ETF worth $40,009,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Sound Income Strategies LLC boosted its stake in shares of JPMorgan Active Growth ETF by 537.7% during the 4th quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after purchasing an additional 285 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Active Growth ETF during the fourth quarter worth approximately $29,000. Aptus Capital Advisors LLC grew its stake in JPMorgan Active Growth ETF by 34.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock worth $51,000 after acquiring an additional 172 shares during the period. Allworth Financial LP raised its holdings in JPMorgan Active Growth ETF by 12.0% in the 4th quarter. Allworth Financial LP now owns 1,118 shares of the company’s stock valued at $95,000 after acquiring an additional 120 shares during the last quarter. Finally, Empirical Asset Management LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth $210,000.

JPMorgan Active Growth ETF Stock Up 1.6 %

Shares of NYSEARCA:JGRO opened at $80.52 on Friday. The company has a market cap of $4.86 billion, a P/E ratio of 35.80 and a beta of 1.04. The business has a fifty day simple moving average of $82.90 and a 200-day simple moving average of $79.82. JPMorgan Active Growth ETF has a 52 week low of $65.31 and a 52 week high of $85.56.

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.