Beaumont Financial Advisors LLC Reduces Stock Position in JPMorgan Active Growth ETF $JGRO

Beaumont Financial Advisors LLC cut its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 72.1% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 99,246 shares of the company’s stock after selling 256,592 shares during the quarter. Beaumont Financial Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $8,388,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Marshall Wace LLP acquired a new position in JPMorgan Active Growth ETF in the second quarter valued at approximately $2,557,000. Qube Research & Technologies Ltd boosted its position in JPMorgan Active Growth ETF by 36.9% during the second quarter. Qube Research & Technologies Ltd now owns 32,806 shares of the company’s stock worth $2,824,000 after purchasing an additional 8,845 shares in the last quarter. Raymond James Financial Inc. grew its holdings in JPMorgan Active Growth ETF by 3.1% in the second quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock valued at $132,061,000 after purchasing an additional 45,507 shares during the period. Jane Street Group LLC acquired a new stake in JPMorgan Active Growth ETF in the second quarter valued at approximately $5,569,000. Finally, Bank of America Corp DE increased its position in shares of JPMorgan Active Growth ETF by 9.5% in the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock valued at $138,594,000 after buying an additional 140,188 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

JPMorgan Active Growth ETF stock opened at $96.09 on Thursday. The stock has a market capitalization of $9.77 billion, a PE ratio of 35.50 and a beta of 1.09. The business has a 50 day simple moving average of $96.61 and a 200-day simple moving average of $92.22. JPMorgan Active Growth ETF has a 12 month low of $81.16 and a 12 month high of $99.73.

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.