JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Update

JPMorgan Active Growth ETF (NYSEARCA:JGRO) saw a large increase in short interest during the month of June. As of June 15th, there was short interest totaling 292,604 shares, an increase of 268.9% from the May 31st total of 79,319 shares. Based on an average trading volume of 764,896 shares, the short-interest ratio is currently 0.4 days. Approximately 0.3% of the company’s stock are sold short.

JPMorgan Active Growth ETF Trading Down 1.0%

JGRO stock traded down $0.98 during midday trading on Friday, hitting $94.05. The company’s stock had a trading volume of 472,633 shares, compared to its average volume of 603,442. The company has a market cap of $9.43 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 12 month low of $81.16 and a 12 month high of $99.73. The firm’s 50-day moving average is $95.89 and its 200-day moving average is $91.99.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of JGRO. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Active Growth ETF by 23.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock valued at $1,201,081,000 after purchasing an additional 2,472,865 shares in the last quarter. LPL Financial LLC increased its holdings in JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock worth $642,420,000 after buying an additional 884,710 shares in the last quarter. Ameriprise Financial Inc. increased its holdings in JPMorgan Active Growth ETF by 1.9% in the 3rd quarter. Ameriprise Financial Inc. now owns 4,222,813 shares of the company’s stock worth $395,801,000 after buying an additional 77,857 shares in the last quarter. Captrust Financial Advisors raised its position in JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock worth $363,520,000 after buying an additional 186,762 shares during the last quarter. Finally, Raymond James Financial Inc. raised its position in JPMorgan Active Growth ETF by 20.2% in the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after buying an additional 387,862 shares during the last quarter.

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.