Northwest Financial Advisors purchased a new position in JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 5,729 shares of the company’s stock, valued at approximately $484,000.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. JPMorgan Chase & Co. raised its holdings in shares of 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 stake in shares of JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after buying an additional 884,710 shares during the period. Citadel Advisors LLC increased its position in JPMorgan Active Growth ETF by 2,198.7% in the 3rd quarter. Citadel Advisors LLC now owns 614,156 shares of the company’s stock valued at $57,577,000 after buying an additional 587,439 shares in the last quarter. Raymond James Financial Inc. increased its position in JPMorgan Active Growth ETF by 20.2% in the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock valued at $214,050,000 after buying an additional 387,862 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in JPMorgan Active Growth ETF during the 4th quarter worth approximately $31,059,000.
JPMorgan Active Growth ETF Stock Performance
Shares of NYSEARCA:JGRO opened at $96.85 on Thursday. The business’s 50 day simple moving average is $96.18 and its two-hundred day simple moving average is $92.02. The firm has a market cap of $9.80 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week high of $99.73.
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.
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