JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Down 57.2% in January

JPMorgan Active Growth ETF (NYSEARCA:JGRO) saw a significant decline in short interest during the month of January. As of January 30th, there was short interest totaling 94,853 shares, a decline of 57.2% from the January 15th total of 221,803 shares. Based on an average daily trading volume, of 679,018 shares, the days-to-cover ratio is presently 0.1 days. Approximately 0.1% of the shares of the company are sold short. Approximately 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 679,018 shares, the days-to-cover ratio is presently 0.1 days.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Envestnet Portfolio Solutions Inc. grew its position in JPMorgan Active Growth ETF by 19.9% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 17,964 shares of the company’s stock worth $1,546,000 after buying an additional 2,980 shares in the last quarter. Arlington Financial Advisors LLC lifted its position in shares of JPMorgan Active Growth ETF by 7.0% in the 2nd quarter. Arlington Financial Advisors LLC now owns 182,309 shares of the company’s stock worth $15,691,000 after acquiring an additional 11,907 shares during the period. WealthPlan Investment Management LLC acquired a new stake in shares of JPMorgan Active Growth ETF during the 2nd quarter worth approximately $1,344,000. Empirical Asset Management LLC bought a new stake in shares of JPMorgan Active Growth ETF during the second quarter valued at approximately $223,000. Finally, Private Trust Co. NA raised its stake in shares of JPMorgan Active Growth ETF by 22.7% in the second quarter. Private Trust Co. NA now owns 6,635 shares of the company’s stock valued at $571,000 after purchasing an additional 1,226 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

Shares of JPMorgan Active Growth ETF stock traded down $1.73 during midday trading on Thursday, hitting $88.21. The company had a trading volume of 526,082 shares, compared to its average volume of 629,982. JPMorgan Active Growth ETF has a 1-year low of $63.33 and a 1-year high of $97.91. The business’s 50 day simple moving average is $92.37 and its two-hundred day simple moving average is $92.15. The stock has a market cap of $8.24 billion, a PE ratio of 35.50 and a beta of 1.09.

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.