Commonwealth Equity Services LLC Sells 723,518 Shares of JPMorgan Active Growth ETF $JGRO

Commonwealth Equity Services LLC lowered its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 42.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 992,097 shares of the company’s stock after selling 723,518 shares during the period. Commonwealth Equity Services LLC’s holdings in JPMorgan Active Growth ETF were worth $95,817,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the stock. Cordgrass Capital Advisors LLC boosted its position in JPMorgan Active Growth ETF by 15.4% during the third quarter. Cordgrass Capital Advisors LLC now owns 31,606 shares of the company’s stock worth $3,053,000 after purchasing an additional 4,211 shares during the period. Ascent Group LLC raised its position in shares of JPMorgan Active Growth ETF by 3.2% in the third quarter. Ascent Group LLC now owns 41,591 shares of the company’s stock valued at $4,017,000 after purchasing an additional 1,287 shares during the period. Provenance Wealth Advisors LLC raised its position in shares of JPMorgan Active Growth ETF by 8.3% in the third quarter. Provenance Wealth Advisors LLC now owns 606,086 shares of the company’s stock valued at $58,536,000 after purchasing an additional 46,592 shares during the period. International Assets Investment Management LLC lifted its stake in shares of JPMorgan Active Growth ETF by 7.8% in the third quarter. International Assets Investment Management LLC now owns 3,902 shares of the company’s stock worth $350,000 after buying an additional 284 shares during the last quarter. Finally, Morey & Quinn Wealth Partners LLC lifted its stake in shares of JPMorgan Active Growth ETF by 2.2% in the third quarter. Morey & Quinn Wealth Partners LLC now owns 36,857 shares of the company’s stock worth $3,560,000 after buying an additional 783 shares during the last quarter.

JPMorgan Active Growth ETF Price Performance

NYSEARCA:JGRO traded up $1.00 during midday trading on Friday, reaching $86.51. The stock had a trading volume of 988,592 shares, compared to its average volume of 579,794. The stock has a market capitalization of $9.04 billion, a P/E ratio of 27.74 and a beta of 1.11. JPMorgan Active Growth ETF has a 1-year low of $81.16 and a 1-year high of $99.73. The firm’s fifty day simple moving average is $94.54 and its 200-day simple moving average is $92.99.

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.