Advisory Services Network LLC Makes New $275,000 Investment in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Advisory Services Network LLC purchased a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 3,393 shares of the company’s stock, valued at approximately $275,000.

Other hedge funds have also recently modified their holdings of the company. Renaissance Technologies LLC grew its position in shares of JPMorgan Active Growth ETF by 643.1% in the 4th quarter. Renaissance Technologies LLC now owns 37,900 shares of the company’s stock worth $3,071,000 after buying an additional 32,800 shares during the last quarter. Wedbush Securities Inc. increased its position in shares of JPMorgan Active Growth ETF by 23.8% during the fourth quarter. Wedbush Securities Inc. now owns 6,034 shares of the company’s stock worth $489,000 after purchasing an additional 1,160 shares in the last quarter. Perennial Investment Advisors LLC raised its stake in JPMorgan Active Growth ETF by 82.3% in the fourth quarter. Perennial Investment Advisors LLC now owns 10,280 shares of the company’s stock valued at $833,000 after buying an additional 4,640 shares during the last quarter. Smith Moore & CO. raised its position in shares of JPMorgan Active Growth ETF by 1,573.1% in the 4th quarter. Smith Moore & CO. now owns 70,152 shares of the company’s stock valued at $5,684,000 after purchasing an additional 65,959 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in shares of JPMorgan Active Growth ETF by 523.0% during the fourth quarter. JPMorgan Chase & Co. now owns 8,538,002 shares of the company’s stock worth $691,834,000 after buying an additional 7,167,508 shares during the period.

JPMorgan Active Growth ETF Stock Performance

JPMorgan Active Growth ETF stock opened at $70.09 on Friday. The business’s 50-day simple moving average is $75.85 and its two-hundred day simple moving average is $79.41. The company has a market cap of $4.67 billion, a PE ratio of 29.87 and a beta of 1.09. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two 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.