Cetera Investment Advisers Purchases 660,186 Shares of JPMorgan Active Growth ETF $JGRO

Cetera Investment Advisers increased its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 123.2% during the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,196,206 shares of the company’s stock after buying an additional 660,186 shares during the period. Cetera Investment Advisers owned 1.19% of JPMorgan Active Growth ETF worth $101,103,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in JGRO. PNC Financial Services Group Inc. raised its holdings in shares of JPMorgan Active Growth ETF by 9.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 215,646 shares of the company’s stock valued at $18,226,000 after acquiring an additional 18,419 shares in the last quarter. Resolute Wealth Strategies LLC grew its holdings in shares of JPMorgan Active Growth ETF by 5.6% during the first quarter. Resolute Wealth Strategies LLC now owns 160,789 shares of the company’s stock worth $13,590,000 after purchasing an additional 8,578 shares in the last quarter. Frontier Asset Management LLC increased its position in shares of JPMorgan Active Growth ETF by 10.5% in the first quarter. Frontier Asset Management LLC now owns 357,252 shares of the company’s stock worth $30,195,000 after purchasing an additional 34,071 shares during the last quarter. Cornerstone Planning Group LLC bought a new position in shares of JPMorgan Active Growth ETF in the first quarter worth approximately $84,000. Finally, Independent Financial Group LLC purchased a new stake in JPMorgan Active Growth ETF in the first quarter valued at approximately $596,000.

JPMorgan Active Growth ETF Price Performance

JGRO stock opened at $93.21 on Friday. JPMorgan Active Growth ETF has a one year low of $81.16 and a one year high of $99.73. The stock has a market cap of $9.51 billion, a PE ratio of 35.50 and a beta of 1.09. The firm has a 50 day simple moving average of $96.19 and a two-hundred day simple moving average of $92.23.

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.