NewEdge Advisors LLC Lowers Stock Position in JPMorgan Active Growth ETF $JGRO

NewEdge Advisors LLC decreased its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 60.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,706 shares of the company’s stock after selling 73,192 shares during the period. NewEdge Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $4,032,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Echo Wealth Management LLC lifted its stake in shares of JPMorgan Active Growth ETF by 37.2% in the fourth quarter. Echo Wealth Management LLC now owns 66,977 shares of the company’s stock worth $6,215,000 after buying an additional 18,168 shares during the last quarter. Arwa LLC acquired a new position in JPMorgan Active Growth ETF in the 4th quarter valued at $1,147,000. Sequoia Financial Advisors LLC bought a new position in JPMorgan Active Growth ETF in the 4th quarter worth $31,059,000. 5T Wealth LLC raised its holdings in JPMorgan Active Growth ETF by 26.4% in the 4th quarter. 5T Wealth LLC now owns 38,210 shares of the company’s stock worth $3,546,000 after acquiring an additional 7,986 shares during the period. Finally, Steph & Co. raised its holdings in JPMorgan Active Growth ETF by 4.0% in the 1st quarter. Steph & Co. now owns 517,947 shares of the company’s stock worth $43,777,000 after acquiring an additional 19,759 shares during the period.

JPMorgan Active Growth ETF Price Performance

JPMorgan Active Growth ETF stock opened at $91.12 on Friday. JPMorgan Active Growth ETF has a fifty-two week low of $81.16 and a fifty-two week high of $99.73. The firm has a fifty day moving average price of $95.57 and a two-hundred day moving average price of $92.13. The firm has a market cap of $9.49 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09.

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.