Cornerstone Wealth Management LLC Grows Stake in JPMorgan Active Growth ETF $JGRO

Cornerstone Wealth Management LLC boosted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 33.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,170 shares of the company’s stock after acquiring an additional 5,549 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $2,078,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Truist Financial Corp increased its position in shares of JPMorgan Active Growth ETF by 6.6% during the 2nd quarter. Truist Financial Corp now owns 62,601 shares of the company’s stock valued at $5,388,000 after purchasing an additional 3,872 shares during the last quarter. PFG Investments LLC bought a new position in JPMorgan Active Growth ETF during the second quarter valued at $214,000. Ascent Group LLC raised its stake in shares of JPMorgan Active Growth ETF by 19.7% in the second quarter. Ascent Group LLC now owns 18,988 shares of the company’s stock valued at $1,634,000 after acquiring an additional 3,131 shares during the period. USAdvisors Wealth Management LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 21.8% in the 2nd quarter. USAdvisors Wealth Management LLC now owns 10,427 shares of the company’s stock worth $898,000 after acquiring an additional 1,863 shares during the last quarter. Finally, Firethorn Wealth Partners LLC boosted its stake in shares of JPMorgan Active Growth ETF by 33.5% during the 2nd quarter. Firethorn Wealth Partners LLC now owns 6,811 shares of the company’s stock worth $586,000 after purchasing an additional 1,709 shares during the period.

JPMorgan Active Growth ETF Price Performance

JPMorgan Active Growth ETF stock opened at $91.27 on Friday. The firm has a market capitalization of $8.48 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 1-year low of $63.33 and a 1-year high of $97.91. The company’s 50-day moving average is $93.09 and its 200 day moving average is $92.03.

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.