Correct Capital Wealth Management trimmed its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report) by 7.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 192,236 shares of the company’s stock after selling 15,979 shares during the quarter. JPMorgan Active Growth ETF accounts for 3.3% of Correct Capital Wealth Management’s portfolio, making the stock its 10th largest holding. Correct Capital Wealth Management’s holdings in JPMorgan Active Growth ETF were worth $18,953,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also modified their holdings of the stock. Hilton Head Capital Partners LLC bought a new position in JPMorgan Active Growth ETF during the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC raised its stake in JPMorgan Active Growth ETF by 59.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 113 shares during the last quarter. Fairway Wealth LLC bought a new stake in JPMorgan Active Growth ETF in the 4th quarter valued at $35,000. Quadrant Capital Group LLC bought a new stake in JPMorgan Active Growth ETF in the 4th quarter valued at $38,000. Finally, Wilmington Savings Fund Society FSB acquired a new stake in JPMorgan Active Growth ETF in the 3rd quarter worth $40,000.
JPMorgan Active Growth ETF Price Performance
NYSEARCA JGRO opened at $96.78 on Friday. The company’s fifty day moving average is $94.95 and its two-hundred day moving average is $92.37. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week high of $99.73. The firm has a market capitalization of $10.11 billion, a price-to-earnings ratio of 35.50 and a beta of 1.10.
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.
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