JPMorgan Active Growth ETF (NYSEARCA:JGRO) Sees Strong Trading Volume – Here’s What Happened

JPMorgan Active Growth ETF (NYSEARCA:JGRO) shares saw unusually-strong trading volume on Thursday . 2,175,217 shares changed hands during mid-day trading, an increase of 275% from the previous session’s volume of 579,857 shares.The stock last traded at $93.28 and had previously closed at $94.58.

JPMorgan Active Growth ETF Stock Down 1.6%

The business’s fifty day moving average is $96.30 and its 200-day moving average is $92.22. The stock has a market capitalization of $9.49 billion, a PE ratio of 35.50 and a beta of 1.09.

Institutional Trading of JPMorgan Active Growth ETF

Several institutional investors have recently made changes to their positions in JGRO. O Shaughnessy Asset Management LLC boosted its holdings in JPMorgan Active Growth ETF by 59.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 113 shares during the last quarter. Intrua Financial LLC raised its position in shares of JPMorgan Active Growth ETF by 2.3% in the 1st quarter. Intrua Financial LLC now owns 5,774 shares of the company’s stock valued at $488,000 after purchasing an additional 130 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its position in shares of JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock valued at $290,000 after purchasing an additional 148 shares in the last quarter. GeoWealth Management LLC boosted its stake in shares of JPMorgan Active Growth ETF by 2.7% during the 4th quarter. GeoWealth Management LLC now owns 5,897 shares of the company’s stock valued at $547,000 after buying an additional 154 shares during the last quarter. Finally, World Investment Advisors boosted its stake in shares of JPMorgan Active Growth ETF by 4.1% during the 4th quarter. World Investment Advisors now owns 4,274 shares of the company’s stock valued at $372,000 after buying an additional 169 shares during the last quarter.

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.