Independent Financial Group LLC Invests $596,000 in JPMorgan Active Growth ETF $JGRO

Independent Financial Group LLC purchased a new position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 7,052 shares of the company’s stock, valued at approximately $596,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Pflug Koory LLC purchased a new stake in JPMorgan Active Growth ETF in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC purchased a new position in shares of JPMorgan Active Growth ETF during the fourth quarter worth approximately $28,000. O Shaughnessy Asset Management LLC raised its stake in shares of JPMorgan Active Growth ETF by 59.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after acquiring an additional 113 shares in the last quarter. Harbor Asset Planning Inc. bought a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter valued at approximately $34,000. Finally, Fairway Wealth LLC purchased a new stake in shares of JPMorgan Active Growth ETF in the fourth quarter valued at approximately $35,000.

JPMorgan Active Growth ETF Stock Down 0.1%

Shares of NYSEARCA:JGRO opened at $94.58 on Thursday. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week high of $99.73. The stock has a market cap of $9.64 billion, a P/E ratio of 35.50 and a beta of 1.09. The business’s 50 day moving average is $96.30 and its 200 day moving average is $92.22.

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.