JPMorgan Chase & Co. Increases Stock Position in JPMorgan Active Growth ETF $JGRO

JPMorgan Chase & Co. increased its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 23.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 12,942,682 shares of the company’s stock after buying an additional 2,472,865 shares during the quarter. JPMorgan Chase & Co. owned approximately 0.14% of JPMorgan Active Growth ETF worth $1,201,081,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in JGRO. MAI Capital Management purchased a new stake in JPMorgan Active Growth ETF during the third quarter worth $25,000. Pflug Koory LLC purchased a new stake in JPMorgan Active Growth ETF during the fourth quarter worth $25,000. Balentine LLC purchased a new stake in JPMorgan Active Growth ETF during the third quarter worth $29,000. Harbor Asset Planning Inc. purchased a new stake in JPMorgan Active Growth ETF during the fourth quarter worth $34,000. Finally, Fairway Wealth LLC purchased a new stake in JPMorgan Active Growth ETF during the fourth quarter worth $35,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA JGRO opened at $95.03 on Wednesday. The company’s fifty day moving average price is $93.61 and its 200 day moving average price is $91.72. JPMorgan Active Growth ETF has a 1 year low of $81.16 and a 1 year high of $99.73. The company has a market capitalization of $9.52 billion, a PE ratio of 35.50 and a beta of 1.09.

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.