JPMorgan Active Growth ETF $JGRO Stock: Welch Financial Planning LLC Lowers Stake

Welch Financial Planning LLC cut its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 15.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 70,393 shares of the company’s stock after selling 12,793 shares during the period. JPMorgan Active Growth ETF accounts for approximately 3.8% of Welch Financial Planning LLC’s investment portfolio, making the stock its 10th largest holding. Welch Financial Planning LLC owned 0.07% of JPMorgan Active Growth ETF worth $6,799,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in JGRO. Bank of America Corp DE boosted its holdings in shares of JPMorgan Active Growth ETF by 14.0% during the first quarter. Bank of America Corp DE now owns 2,231,576 shares of the company’s stock valued at $188,613,000 after acquiring an additional 274,085 shares during the period. Royal Bank of Canada increased its holdings in shares of JPMorgan Active Growth ETF by 6.5% in the 1st quarter. Royal Bank of Canada now owns 1,348,530 shares of the company’s stock worth $113,978,000 after acquiring an additional 82,289 shares during the period. Cetera Investment Advisers increased its holdings in shares of JPMorgan Active Growth ETF by 123.2% in the 1st quarter. Cetera Investment Advisers now owns 1,196,206 shares of the company’s stock worth $101,103,000 after acquiring an additional 660,186 shares during the period. Goldstein Advisors LLC increased its holdings in shares of JPMorgan Active Growth ETF by 3.2% in the 3rd quarter. Goldstein Advisors LLC now owns 722,475 shares of the company’s stock worth $69,777,000 after acquiring an additional 22,120 shares during the period. Finally, AlphaCore Capital LLC lifted its position in JPMorgan Active Growth ETF by 30.0% in the 3rd quarter. AlphaCore Capital LLC now owns 703,990 shares of the company’s stock valued at $67,991,000 after purchasing an additional 162,401 shares during the last quarter.

JPMorgan Active Growth ETF Stock Down 0.4%

JPMorgan Active Growth ETF stock opened at $89.79 on Friday. The firm has a 50-day moving average price of $94.18 and a two-hundred day moving average price of $92.94. The firm has a market capitalization of $9.38 billion, a price-to-earnings ratio of 27.74 and a beta of 1.11. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week 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.