134,424 Shares in JPMorgan Active Growth ETF $JGRO Acquired by Welch Financial Planning LLC

Welch Financial Planning LLC acquired a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 134,424 shares of the company’s stock, valued at approximately $12,475,000. JPMorgan Active Growth ETF makes up about 9.1% of Welch Financial Planning LLC’s portfolio, making the stock its 2nd biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Allegheny Financial Group increased its holdings in shares of JPMorgan Active Growth ETF by 48.1% in the 4th quarter. Allegheny Financial Group now owns 102,328 shares of the company’s stock worth $9,496,000 after purchasing an additional 33,218 shares in the last quarter. Oak Harbor Wealth Partners LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 112.6% during the fourth quarter. Oak Harbor Wealth Partners LLC now owns 19,911 shares of the company’s stock valued at $1,848,000 after purchasing an additional 10,544 shares in the last quarter. Legacy Edge Advisors LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter valued at $1,980,000. Benjamin Edwards Inc. boosted its position in shares of JPMorgan Active Growth ETF by 3.3% during the fourth quarter. Benjamin Edwards Inc. now owns 15,234 shares of the company’s stock valued at $1,414,000 after buying an additional 488 shares during the last quarter. Finally, LVZ Inc. bought a new stake in JPMorgan Active Growth ETF in the 4th quarter worth about $296,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA:JGRO opened at $93.99 on Tuesday. The firm has a market cap of $9.42 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The business has a 50-day simple moving average of $88.34 and a two-hundred day simple moving average of $91.18. JPMorgan Active Growth ETF has a fifty-two week low of $75.55 and a fifty-two week high of $97.91.

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.