GK Wealth Management LLC Makes New $1.05 Million Investment in JPMorgan Active Growth ETF $JGRO

GK Wealth Management LLC purchased a new position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the second quarter, HoldingsChannel reports. The firm purchased 10,644 shares of the company’s stock, valued at approximately $1,049,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. Hilton Head Capital Partners LLC acquired a new position in shares of JPMorgan Active Growth ETF during the fourth quarter valued at approximately $28,000. O Shaughnessy Asset Management LLC raised its holdings in JPMorgan Active Growth ETF by 59.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock worth $28,000 after purchasing an additional 113 shares in the last quarter. Harbor Asset Planning Inc. acquired a new stake in JPMorgan Active Growth ETF in the fourth quarter worth approximately $34,000. Fairway Wealth LLC bought a new position in JPMorgan Active Growth ETF during the 4th quarter valued at $35,000. Finally, Quadrant Capital Group LLC bought a new position in JPMorgan Active Growth ETF during the 4th quarter valued at $38,000.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO stock opened at $95.94 on Wednesday. JPMorgan Active Growth ETF has a 1 year low of $81.16 and a 1 year high of $99.73. The stock has a market cap of $10.02 billion, a PE ratio of 35.50 and a beta of 1.10. The business’s fifty day moving average is $95.35 and its 200-day moving average is $92.14.

JPMorgan Active Growth ETF 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.