JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Up 117.7% in February

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the recipient of a significant increase in short interest in February. As of February 27th, there was short interest totaling 208,628 shares, an increase of 117.7% from the February 12th total of 95,823 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 607,437 shares, the days-to-cover ratio is presently 0.3 days. Based on an average daily volume of 607,437 shares, the days-to-cover ratio is presently 0.3 days. Approximately 0.2% of the company’s stock are sold short.

JPMorgan Active Growth ETF Stock Down 0.0%

Shares of JPMorgan Active Growth ETF stock opened at $88.08 on Thursday. The stock has a market cap of $8.22 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 12-month low of $63.33 and a 12-month high of $97.91. The business’s 50 day moving average is $90.44 and its 200-day moving average is $92.15.

Institutional Trading of JPMorgan Active Growth ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in JGRO. Bank of Montreal Can acquired a new position in shares of JPMorgan Active Growth ETF during the 2nd quarter worth about $1,496,000. Bank of New York Mellon Corp lifted its stake in JPMorgan Active Growth ETF by 0.9% in the 2nd quarter. Bank of New York Mellon Corp now owns 509,168 shares of the company’s stock valued at $43,824,000 after purchasing an additional 4,504 shares during the last quarter. Wedbush Securities Inc. grew its holdings in JPMorgan Active Growth ETF by 6.0% during the second quarter. Wedbush Securities Inc. now owns 6,063 shares of the company’s stock worth $522,000 after purchasing an additional 345 shares during the period. AE Wealth Management LLC increased its position in JPMorgan Active Growth ETF by 240.9% during the second quarter. AE Wealth Management LLC now owns 934 shares of the company’s stock worth $80,000 after buying an additional 660 shares during the last quarter. Finally, Nwam LLC increased its position in JPMorgan Active Growth ETF by 8.3% during the second quarter. Nwam LLC now owns 5,192 shares of the company’s stock worth $457,000 after buying an additional 397 shares during the last quarter.

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.