JPMorgan Active Growth ETF $JGRO Shares Acquired by HB Wealth Management LLC

HB Wealth Management LLC increased its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 62.3% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,894 shares of the company’s stock after purchasing an additional 6,099 shares during the period. HB Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $1,567,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Hilton Head Capital Partners LLC acquired a new stake in JPMorgan Active Growth ETF in the fourth quarter worth $28,000. O Shaughnessy Asset Management LLC boosted its holdings 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 during the period. Quadrant Capital Group LLC acquired a new position in shares of JPMorgan Active Growth ETF during the fourth quarter valued at $38,000. Wilmington Savings Fund Society FSB bought a new position in shares of JPMorgan Active Growth ETF during the third quarter worth about $40,000. Finally, Cornerstone Planning Group LLC bought a new position in shares of JPMorgan Active Growth ETF during the first quarter worth about $84,000.

JPMorgan Active Growth ETF Stock Down 0.4%

JGRO stock opened at $94.05 on Thursday. JPMorgan Active Growth ETF has a fifty-two week low of $81.16 and a fifty-two week high of $99.73. The firm’s 50-day simple moving average is $94.35 and its 200 day simple moving average is $92.95. The stock has a market cap of $9.83 billion, a PE ratio of 35.50 and a beta of 1.10.

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.