HighTower Advisors LLC Raises Holdings in JPMorgan Active Growth ETF $JGRO

HighTower Advisors LLC grew its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 32.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 355,598 shares of the company’s stock after buying an additional 87,489 shares during the quarter. HighTower Advisors LLC owned about 0.42% of JPMorgan Active Growth ETF worth $33,338,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. JPMorgan Chase & Co. raised its position in JPMorgan Active Growth ETF by 8.9% in the second quarter. JPMorgan Chase & Co. now owns 9,351,704 shares of the company’s stock worth $804,901,000 after acquiring an additional 766,315 shares in the last quarter. Captrust Financial Advisors grew its stake in shares of JPMorgan Active Growth ETF by 7.8% during the 2nd quarter. Captrust Financial Advisors now owns 3,634,474 shares of the company’s stock worth $312,819,000 after purchasing an additional 262,875 shares during the period. Jones Financial Companies Lllp increased its holdings in shares of JPMorgan Active Growth ETF by 20.8% in the 3rd quarter. Jones Financial Companies Lllp now owns 2,122,912 shares of the company’s stock valued at $197,388,000 after purchasing an additional 365,746 shares in the last quarter. Bank of America Corp DE lifted its stake in shares of JPMorgan Active Growth ETF by 9.5% in the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock valued at $138,594,000 after purchasing an additional 140,188 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in shares of JPMorgan Active Growth ETF by 3.1% in the second quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock valued at $132,061,000 after purchasing an additional 45,507 shares during the period.

JPMorgan Active Growth ETF Trading Up 0.4%

JGRO stock opened at $88.24 on Wednesday. The company’s 50-day moving average price is $91.97 and its 200 day moving average price is $92.21. JPMorgan Active Growth ETF has a 52 week low of $63.33 and a 52 week high of $97.91. The company has a market cap of $8.24 billion, a P/E ratio of 35.50 and a beta of 1.09.

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.