NewEdge Advisors LLC cut its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report) by 60.5% in the first quarter, Holdings Channel reports. The institutional investor owned 47,706 shares of the company’s stock after selling 73,192 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $4,032,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of JGRO. Pflug Koory LLC acquired a new position in JPMorgan Active Growth ETF during the 4th quarter valued at $25,000. Hilton Head Capital Partners LLC acquired a new stake in JPMorgan Active Growth ETF in the 4th quarter worth $28,000. O Shaughnessy Asset Management LLC increased its holdings in shares of JPMorgan Active Growth ETF by 59.5% during the 4th 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 period. Harbor Asset Planning Inc. bought a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth about $34,000. Finally, Fairway Wealth LLC acquired a new position in shares of JPMorgan Active Growth ETF during the fourth quarter valued at about $35,000.
JPMorgan Active Growth ETF Stock Up 3.3%
JGRO stock opened at $91.12 on Friday. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73. The company has a market cap of $9.49 billion, a PE ratio of 35.50 and a beta of 1.09. The business’s 50-day simple moving average is $95.57 and its 200 day simple moving average is $92.13.
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.
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Want to see what other hedge funds are holding JGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report).
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