Unique Wealth LLC Makes New Investment in JPMorgan Active Growth ETF $JGRO

Unique Wealth LLC purchased a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the first quarter, HoldingsChannel reports. The institutional investor purchased 13,508 shares of the company’s stock, valued at approximately $1,142,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of JGRO. Marshall Wace LLP acquired a new position in shares of JPMorgan Active Growth ETF during the 2nd quarter worth about $2,557,000. Qube Research & Technologies Ltd lifted its stake in JPMorgan Active Growth ETF by 36.9% in the 2nd quarter. Qube Research & Technologies Ltd now owns 32,806 shares of the company’s stock valued at $2,824,000 after purchasing an additional 8,845 shares during the last quarter. Raymond James Financial Inc. lifted its stake in JPMorgan Active Growth ETF by 3.1% in the 2nd quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock valued at $132,061,000 after purchasing an additional 45,507 shares during the last quarter. Jane Street Group LLC bought a new position in JPMorgan Active Growth ETF during the second quarter worth about $5,569,000. Finally, Bank of America Corp DE grew its holdings in JPMorgan Active Growth ETF by 9.5% during the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock worth $138,594,000 after purchasing an additional 140,188 shares during the period.

JPMorgan Active Growth ETF Stock Up 0.1%

Shares of NYSEARCA JGRO opened at $95.03 on Friday. The business’s 50 day moving average price is $95.85 and its two-hundred day moving average price is $91.97. The company has a market cap of $9.52 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73.

JPMorgan Active Growth ETF 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.