Truist Financial Corp Has $2.58 Million Stock Position in JPMorgan Active Growth ETF $JGRO

Truist Financial Corp trimmed its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 54.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 27,746 shares of the company’s stock after selling 32,686 shares during the quarter. Truist Financial Corp’s holdings in JPMorgan Active Growth ETF were worth $2,575,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. MAI Capital Management acquired a new position in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at approximately $25,000. Pflug Koory LLC bought a new stake in shares of JPMorgan Active Growth ETF during the 4th quarter worth approximately $25,000. Balentine LLC bought a new stake in JPMorgan Active Growth ETF in the 3rd quarter valued at $29,000. Harbor Asset Planning Inc. bought a new stake in JPMorgan Active Growth ETF in the 4th quarter valued at $34,000. Finally, Fairway Wealth LLC bought a new stake in JPMorgan Active Growth ETF in the 4th quarter valued at $35,000.

JPMorgan Active Growth ETF Price Performance

JGRO stock opened at $96.75 on Wednesday. The stock has a market capitalization of $9.70 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a fifty-two week low of $78.69 and a fifty-two week high of $97.91. The business’s fifty day moving average price is $89.17 and its two-hundred day moving average price is $91.29.

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.