Royal Bank of Canada Increases Stock Position in JPMorgan Active Growth ETF $JGRO

Royal Bank of Canada boosted its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.5% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,348,530 shares of the company’s stock after buying an additional 82,289 shares during the quarter. Royal Bank of Canada owned 1.35% of JPMorgan Active Growth ETF worth $113,978,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. boosted its holdings in JPMorgan Active Growth ETF by 23.6% in the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock valued at $1,201,081,000 after purchasing an additional 2,472,865 shares during the last quarter. LPL Financial LLC raised its position 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 valued at $642,420,000 after purchasing an additional 884,710 shares in the last quarter. Captrust Financial Advisors raised its position in shares of JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock valued at $363,520,000 after purchasing an additional 186,762 shares in the last quarter. Raymond James Financial Inc. boosted its stake in JPMorgan Active Growth ETF by 20.2% during the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock valued at $214,050,000 after acquiring an additional 387,862 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of JPMorgan Active Growth ETF by 16.0% during the third quarter. Bank of America Corp DE now owns 1,868,263 shares of the company’s stock worth $175,150,000 after purchasing an additional 258,011 shares during the last quarter.

JPMorgan Active Growth ETF Trading Up 3.3%

JGRO stock opened at $91.12 on Friday. The stock’s 50 day simple moving average is $95.57 and its 200 day simple moving average is $92.13. JPMorgan Active Growth ETF has a 12-month low of $81.16 and a 12-month high of $99.73. The firm has a market cap of $9.49 billion, a P/E ratio of 35.50 and a beta of 1.09.

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.