JPMorgan Active Growth ETF (NYSEARCA:JGRO) Sees Large Increase in Short Interest

JPMorgan Active Growth ETF (NYSEARCA:JGRO) saw a significant growth in short interest in the month of April. As of April 15th, there was short interest totaling 419,766 shares, a growth of 12.7% from the March 31st total of 372,427 shares. Based on an average trading volume of 574,154 shares, the short-interest ratio is presently 0.7 days. Approximately 0.4% of the shares of the company are sold short.

JPMorgan Active Growth ETF Price Performance

Shares of JGRO traded up $0.42 during trading hours on Friday, hitting $94.07. The stock had a trading volume of 312,233 shares, compared to its average volume of 583,600. JPMorgan Active Growth ETF has a 12 month low of $75.55 and a 12 month high of $97.91. The firm has a market capitalization of $9.43 billion, a PE ratio of 35.50 and a beta of 1.09. The stock has a fifty day moving average price of $88.34 and a 200 day moving average price of $91.21.

Institutional Trading of JPMorgan Active Growth ETF

Several large investors have recently modified their holdings of JGRO. JPMorgan Chase & Co. grew its holdings in 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 purchasing an additional 2,472,865 shares during the period. LPL Financial LLC grew its holdings in JPMorgan Active Growth ETF by 14.7% during the fourth 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 during the period. Ameriprise Financial Inc. grew its holdings in JPMorgan Active Growth ETF by 1.9% during the third 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 during the period. Captrust Financial Advisors grew its holdings in JPMorgan Active Growth ETF by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock valued at $363,520,000 after purchasing an additional 186,762 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in 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 valued at $214,050,000 after purchasing an additional 387,862 shares during the period.

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.