JPMorgan Active Growth ETF $JGRO Shares Purchased by Orrstown Financial Services Inc.

Orrstown Financial Services Inc. raised its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 3.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 242,047 shares of the company’s stock after purchasing an additional 7,055 shares during the quarter. JPMorgan Active Growth ETF accounts for about 3.5% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 8th biggest position. Orrstown Financial Services Inc. owned about 0.24% of JPMorgan Active Growth ETF worth $23,863,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of JGRO. Marshall Wace LLP acquired a new stake in JPMorgan Active Growth ETF during the second quarter worth $2,557,000. Qube Research & Technologies Ltd boosted its position in JPMorgan Active Growth ETF by 36.9% in the second quarter. Qube Research & Technologies Ltd now owns 32,806 shares of the company’s stock valued at $2,824,000 after buying an additional 8,845 shares in the last quarter. Raymond James Financial Inc. increased its holdings in shares of JPMorgan Active Growth ETF by 3.1% during the second quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock worth $132,061,000 after buying an additional 45,507 shares in the last quarter. Jane Street Group LLC acquired a new stake in JPMorgan Active Growth ETF during the 2nd quarter valued at $5,569,000. Finally, Bank of America Corp DE grew its holdings in shares of JPMorgan Active Growth ETF by 9.5% during the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock worth $138,594,000 after purchasing an additional 140,188 shares during the last quarter.

JPMorgan Active Growth ETF Trading Down 0.4%

Shares of JGRO stock opened at $95.62 on Tuesday. The firm’s 50 day moving average is $95.10 and its 200-day moving average is $92.24. JPMorgan Active Growth ETF has a 1 year low of $81.16 and a 1 year high of $99.73. The firm has a market capitalization of $9.99 billion, a price-to-earnings ratio of 35.50 and a beta of 1.10.

About JPMorgan Active Growth ETF

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.