JPMorgan Active Growth ETF $JGRO Shares Sold by Geneos Wealth Management Inc.

Geneos Wealth Management Inc. lessened its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 32.4% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 90,704 shares of the company’s stock after selling 43,500 shares during the quarter. Geneos Wealth Management Inc.’s holdings in JPMorgan Active Growth ETF were worth $7,666,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. JPMorgan Chase & Co. grew its holdings in JPMorgan Active Growth ETF by 23.6% in the 4th quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock worth $1,201,081,000 after buying an additional 2,472,865 shares in the last quarter. LPL Financial LLC raised its stake in JPMorgan Active Growth ETF by 14.7% during the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after acquiring an additional 884,710 shares in the last quarter. Citadel Advisors LLC raised its stake in JPMorgan Active Growth ETF by 2,198.7% during the 3rd quarter. Citadel Advisors LLC now owns 614,156 shares of the company’s stock valued at $57,577,000 after acquiring an additional 587,439 shares in the last quarter. Raymond James Financial Inc. boosted its position in JPMorgan Active Growth ETF by 20.2% during the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after acquiring an additional 387,862 shares during the period. Finally, Sequoia Financial Advisors LLC acquired a new position in JPMorgan Active Growth ETF during the 4th quarter worth $31,059,000.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA:JGRO opened at $93.71 on Friday. The stock has a market cap of $9.53 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 1 year low of $81.16 and a 1 year high of $99.73. The business has a fifty day moving average of $96.56 and a 200-day moving average of $92.21.

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.