Fagan Associates Inc. Has $321,000 Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Fagan Associates Inc. increased its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 11.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,958 shares of the company’s stock after purchasing an additional 394 shares during the quarter. Fagan Associates Inc.’s holdings in JPMorgan Active Growth ETF were worth $321,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JGRO. Sound Income Strategies LLC increased its position in JPMorgan Active Growth ETF by 537.7% in the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after purchasing an additional 285 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in JPMorgan Active Growth ETF in the fourth quarter worth about $29,000. Aptus Capital Advisors LLC grew its position in shares of JPMorgan Active Growth ETF by 34.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock worth $51,000 after buying an additional 172 shares during the period. Allworth Financial LP grew its position in shares of JPMorgan Active Growth ETF by 12.0% during the 4th quarter. Allworth Financial LP now owns 1,118 shares of the company’s stock worth $95,000 after buying an additional 120 shares during the period. Finally, FCG Investment Co bought a new position in shares of JPMorgan Active Growth ETF during the 3rd quarter valued at about $201,000.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA JGRO opened at $84.68 on Wednesday. The stock has a market capitalization of $5.11 billion, a price-to-earnings ratio of 35.80 and a beta of 1.04. The stock’s 50 day moving average price is $83.15 and its two-hundred day moving average price is $79.22. JPMorgan Active Growth ETF has a 52 week low of $65.31 and a 52 week high of $85.56.

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.