Advantage Trust Co Has $24.14 Million Holdings in JPMorgan Active Growth ETF $JGRO

Advantage Trust Co lifted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 2.8% in the 1st quarter, HoldingsChannel reports. The firm owned 285,609 shares of the company’s stock after buying an additional 7,734 shares during the quarter. JPMorgan Active Growth ETF accounts for 10.8% of Advantage Trust Co’s portfolio, making the stock its 2nd biggest position. Advantage Trust Co’s holdings in JPMorgan Active Growth ETF were worth $24,140,000 as of its most recent SEC filing.

A number of other hedge funds also recently modified their holdings of the stock. Echo Wealth Management LLC boosted its position in JPMorgan Active Growth ETF by 37.2% during the fourth quarter. Echo Wealth Management LLC now owns 66,977 shares of the company’s stock worth $6,215,000 after purchasing an additional 18,168 shares during the period. Arwa LLC bought a new stake in shares of JPMorgan Active Growth ETF in the fourth quarter valued at approximately $1,147,000. Sequoia Financial Advisors LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the 4th quarter valued at approximately $31,059,000. Steph & Co. lifted its stake in shares of JPMorgan Active Growth ETF by 4.0% during the 1st quarter. Steph & Co. now owns 517,947 shares of the company’s stock valued at $43,777,000 after buying an additional 19,759 shares in the last quarter. Finally, 5T Wealth LLC lifted its stake in shares of JPMorgan Active Growth ETF by 26.4% during the 4th quarter. 5T Wealth LLC now owns 38,210 shares of the company’s stock valued at $3,546,000 after buying an additional 7,986 shares in the last quarter.

JPMorgan Active Growth ETF Trading Down 2.5%

JPMorgan Active Growth ETF stock opened at $93.71 on Friday. JPMorgan Active Growth ETF has a 1-year low of $81.16 and a 1-year high of $99.73. The firm has a market capitalization of $9.53 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The firm has a 50 day simple moving average of $96.56 and a 200 day simple moving average of $92.21.

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.