Great Valley Advisor Group Inc. Purchases New Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Great Valley Advisor Group Inc. purchased a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the second quarter, according to its most recent filing with the SEC. The firm purchased 52,641 shares of the company’s stock, valued at approximately $3,956,000. Great Valley Advisor Group Inc. owned 0.23% of JPMorgan Active Growth ETF at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. Raymond James & Associates bought a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth approximately $2,235,000. Perigon Wealth Management LLC bought a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth approximately $1,204,000. Avior Wealth Management LLC bought a new position in shares of JPMorgan Active Growth ETF in the fourth quarter valued at $13,350,000. Beaumont Financial Advisors LLC grew its stake in shares of JPMorgan Active Growth ETF by 33.9% in the fourth quarter. Beaumont Financial Advisors LLC now owns 500,316 shares of the company’s stock valued at $30,564,000 after buying an additional 126,546 shares in the last quarter. Finally, CWM LLC grew its stake in shares of JPMorgan Active Growth ETF by 10.3% in the fourth quarter. CWM LLC now owns 714,158 shares of the company’s stock valued at $43,628,000 after buying an additional 66,946 shares in the last quarter.

JPMorgan Active Growth ETF Stock Up 0.1 %

Shares of NYSEARCA:JGRO traded up $0.05 during midday trading on Wednesday, hitting $72.74. The stock had a trading volume of 86,925 shares, compared to its average volume of 214,292. JPMorgan Active Growth ETF has a 12 month low of $51.21 and a 12 month high of $78.28. The business’s 50-day simple moving average is $74.01 and its 200-day simple moving average is $70.67. The company has a market cap of $1.64 billion, a P/E ratio of 39.06 and a beta of 1.33.

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.