JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Down 41.5% in May

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the target of a large drop in short interest in May. As of May 29th, there was short interest totaling 79,319 shares, a drop of 41.5% from the May 14th total of 135,591 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 625,967 shares, the short-interest ratio is presently 0.1 days.

Institutional Trading of JPMorgan Active Growth ETF

A number of institutional investors and hedge funds have recently modified their holdings of JGRO. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Active Growth ETF by 23.6% in the 4th quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock worth $1,201,081,000 after purchasing an additional 2,472,865 shares in the last quarter. LPL Financial LLC boosted its stake in shares of JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock worth $642,420,000 after buying an additional 884,710 shares during the last quarter. Cetera Investment Advisers boosted its stake 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 buying an additional 660,186 shares during the last quarter. Citadel Advisors LLC boosted its stake in shares of JPMorgan Active Growth ETF by 2,198.7% in the 3rd quarter. Citadel Advisors LLC now owns 614,156 shares of the company’s stock worth $57,577,000 after buying an additional 587,439 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in shares of JPMorgan Active Growth ETF by 20.2% in the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after buying an additional 387,862 shares during the last quarter.

JPMorgan Active Growth ETF Stock Down 1.0%

Shares of JPMorgan Active Growth ETF stock traded down $0.97 on Tuesday, reaching $96.82. The company’s stock had a trading volume of 384,179 shares, compared to its average volume of 602,275. The company has a market capitalization of $9.70 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The firm’s fifty day simple moving average is $94.73 and its two-hundred day simple moving average is $91.87. JPMorgan Active Growth ETF has a 52 week low of $81.16 and a 52 week high of $99.73.

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.