Short Interest in JPMorgan Active Growth ETF (NYSEARCA:JGRO) Decreases By 34.2%

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the target of a large decline in short interest in August. As of August 14th, there was short interest totaling 89,953 shares, a decline of 34.2% from the July 30th total of 136,626 shares. Based on an average daily trading volume, of 632,203 shares, the short-interest ratio is presently 0.1 days. Currently, 0.1% of the company’s stock are sold short.

JPMorgan Active Growth ETF Stock Performance

JGRO traded down $1.09 during midday trading on Tuesday, reaching $93.08. 554,869 shares of the company were exchanged, compared to its average volume of 593,081. The company has a market cap of $9.72 billion, a price-to-earnings ratio of 35.50 and a beta of 1.10. JPMorgan Active Growth ETF has a one year low of $81.16 and a one year high of $99.73. The company’s fifty day moving average price is $94.60 and its 200 day moving average price is $92.67.

Institutional Investors Weigh In On JPMorgan Active Growth ETF

Several large investors have recently made changes to their positions in the business. Hilton Head Capital Partners LLC purchased a new position in JPMorgan Active Growth ETF in the fourth quarter valued at approximately $28,000. O Shaughnessy Asset Management LLC grew its stake in JPMorgan Active Growth ETF by 59.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after acquiring an additional 113 shares in the last quarter. Quadrant Capital Group LLC bought a new stake in JPMorgan Active Growth ETF during the 4th quarter worth approximately $38,000. Wilmington Savings Fund Society FSB bought a new stake in JPMorgan Active Growth ETF during the 3rd quarter worth approximately $40,000. Finally, Cornerstone Planning Group LLC purchased a new stake in JPMorgan Active Growth ETF in the 1st quarter worth approximately $84,000.

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.