JPMorgan Active Growth ETF $JGRO is Penobscot Wealth Management’s 8th Largest Position

Penobscot Wealth Management lifted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 107,844 shares of the company’s stock after acquiring an additional 6,455 shares during the period. JPMorgan Active Growth ETF accounts for about 2.7% of Penobscot Wealth Management’s investment portfolio, making the stock its 8th largest position. Penobscot Wealth Management’s holdings in JPMorgan Active Growth ETF were worth $9,115,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. O Shaughnessy Asset Management LLC increased its position in JPMorgan Active Growth ETF by 59.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock worth $28,000 after purchasing an additional 113 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of JPMorgan Active Growth ETF by 5.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock valued at $290,000 after buying an additional 148 shares during the period. GeoWealth Management LLC increased its holdings 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 worth $547,000 after buying an additional 154 shares during the last quarter. World Investment Advisors increased its holdings 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 worth $372,000 after buying an additional 169 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in shares of JPMorgan Active Growth ETF by 1.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,247 shares of the company’s stock worth $1,137,000 after buying an additional 183 shares during the period.

JPMorgan Active Growth ETF Trading Up 0.1%

JGRO stock opened at $95.03 on Friday. The stock has a 50-day moving average price of $95.85 and a two-hundred day moving average price of $91.97. JPMorgan Active Growth ETF has a 12-month low of $81.16 and a 12-month high of $99.73. The company has a market cap of $9.52 billion, a PE 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.