Frontier Asset Management LLC Boosts Stock Holdings in JPMorgan Active Growth ETF $JGRO

Frontier Asset Management LLC raised its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 14.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 323,181 shares of the company’s stock after buying an additional 40,180 shares during the period. JPMorgan Active Growth ETF makes up about 7.0% of Frontier Asset Management LLC’s investment portfolio, making the stock its 3rd largest holding. Frontier Asset Management LLC owned approximately 0.35% of JPMorgan Active Growth ETF worth $29,991,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Echo Wealth Management LLC increased its holdings in shares of JPMorgan Active Growth ETF by 37.2% in the fourth quarter. Echo Wealth Management LLC now owns 66,977 shares of the company’s stock valued at $6,215,000 after buying an additional 18,168 shares in the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in JPMorgan Active Growth ETF during the 3rd quarter worth approximately $1,867,000. Fortis Group Advisors LLC grew its position in JPMorgan Active Growth ETF by 63.8% during the 3rd quarter. Fortis Group Advisors LLC now owns 28,848 shares of the company’s stock worth $2,781,000 after purchasing an additional 11,237 shares in the last quarter. Formidable Asset Management LLC grew its position in JPMorgan Active Growth ETF by 18.3% during the 3rd quarter. Formidable Asset Management LLC now owns 60,527 shares of the company’s stock worth $5,210,000 after purchasing an additional 9,342 shares in the last quarter. Finally, Atticus Wealth Management LLC grew its position in JPMorgan Active Growth ETF by 94.6% during the 3rd quarter. Atticus Wealth Management LLC now owns 13,971 shares of the company’s stock worth $1,310,000 after purchasing an additional 6,792 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA JGRO opened at $96.42 on Friday. JPMorgan Active Growth ETF has a twelve month low of $76.20 and a twelve month high of $97.91. The stock has a market cap of $9.66 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The firm’s 50 day moving average price is $88.74 and its two-hundred day moving average price is $91.23.

JPMorgan Active Growth ETF Company 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.