Sterling Financial Group Inc. Decreases Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Sterling Financial Group Inc. cut its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 342,684 shares of the company’s stock after selling 7,729 shares during the quarter. JPMorgan Active Growth ETF makes up 10.3% of Sterling Financial Group Inc.’s portfolio, making the stock its 2nd largest position. Sterling Financial Group Inc. owned 1.52% of JPMorgan Active Growth ETF worth $27,768,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Private Advisor Group LLC lifted its holdings in JPMorgan Active Growth ETF by 159.7% during the 3rd quarter. Private Advisor Group LLC now owns 48,472 shares of the company’s stock worth $3,727,000 after buying an additional 29,809 shares in the last quarter. JPMorgan Chase & Co. raised its position in shares of JPMorgan Active Growth ETF by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock worth $105,364,000 after acquiring an additional 294,827 shares during the last quarter. American Trust acquired a new position in shares of JPMorgan Active Growth ETF during the second quarter valued at $52,259,000. Raymond James & Associates boosted its holdings in JPMorgan Active Growth ETF by 104.8% in the third quarter. Raymond James & Associates now owns 340,728 shares of the company’s stock valued at $26,195,000 after acquiring an additional 174,356 shares during the last quarter. Finally, Janney Montgomery Scott LLC increased its position in JPMorgan Active Growth ETF by 11.6% in the third quarter. Janney Montgomery Scott LLC now owns 884,833 shares of the company’s stock worth $68,026,000 after purchasing an additional 91,985 shares during the period.

JPMorgan Active Growth ETF Trading Down 0.4 %

Shares of NYSEARCA:JGRO opened at $81.96 on Friday. The stock has a market capitalization of $1.85 billion, a P/E ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 1-year low of $60.79 and a 1-year high of $84.87. The business has a 50-day moving average price of $82.08 and a two-hundred day moving average price of $77.70.

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.