JPMorgan Active Growth ETF $JGRO Shares Purchased by Penobscot Wealth Management

Penobscot Wealth Management boosted its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.4% during the first quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 107,844 shares of the company’s stock after buying an additional 6,455 shares during the quarter. JPMorgan Active Growth ETF makes up about 2.7% of Penobscot Wealth Management’s holdings, making the stock its 8th biggest position. Penobscot Wealth Management owned about 0.11% of JPMorgan Active Growth ETF worth $9,115,000 as of its most recent filing with the SEC.

A number of other large investors have also recently bought and sold shares of JGRO. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan Active Growth ETF by 23.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock valued at $1,201,081,000 after acquiring an additional 2,472,865 shares during the last quarter. LPL Financial LLC lifted its holdings in JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after purchasing an additional 884,710 shares in the last quarter. Ameriprise Financial Inc. lifted its holdings in JPMorgan Active Growth ETF by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,222,813 shares of the company’s stock valued at $395,801,000 after purchasing an additional 77,857 shares in the last quarter. Captrust Financial Advisors boosted its stake in shares of JPMorgan Active Growth ETF by 5.0% during the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock worth $363,520,000 after purchasing an additional 186,762 shares during the last quarter. Finally, Raymond James Financial Inc. grew its holdings in shares of JPMorgan Active Growth ETF by 20.2% during the fourth quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after buying an additional 387,862 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO opened at $95.03 on Friday. The company has a market capitalization of $9.52 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The company’s 50 day simple moving average is $95.85 and its 200 day simple moving average is $91.97. JPMorgan Active Growth ETF has a 1 year low of $81.16 and a 1 year high of $99.73.

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.