IFP Advisors Inc Acquires 8,740 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

IFP Advisors Inc raised its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 40.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 30,095 shares of the company’s stock after purchasing an additional 8,740 shares during the quarter. IFP Advisors Inc owned 0.13% of JPMorgan Active Growth ETF worth $2,439,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wealth Enhancement Advisory Services LLC raised its holdings in shares of JPMorgan Active Growth ETF by 36.8% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 129,350 shares of the company’s stock valued at $9,944,000 after acquiring an additional 34,809 shares in the last quarter. Worth Financial Advisory Group LLC grew its stake in JPMorgan Active Growth ETF by 5.3% in the third quarter. Worth Financial Advisory Group LLC now owns 3,822 shares of the company’s stock valued at $294,000 after purchasing an additional 191 shares during the last quarter. Strategic Blueprint LLC grew its stake in JPMorgan Active Growth ETF by 26.7% in the third quarter. Strategic Blueprint LLC now owns 75,034 shares of the company’s stock valued at $5,769,000 after purchasing an additional 15,798 shares during the last quarter. Financial Advocates Investment Management grew its stake in JPMorgan Active Growth ETF by 2.8% in the third quarter. Financial Advocates Investment Management now owns 168,931 shares of the company’s stock valued at $12,987,000 after purchasing an additional 4,649 shares during the last quarter. Finally, Gladstone Institutional Advisory LLC purchased a new position in JPMorgan Active Growth ETF in the third quarter valued at about $223,000.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO stock opened at $80.48 on Wednesday. JPMorgan Active Growth ETF has a fifty-two week low of $65.31 and a fifty-two week high of $85.56. The firm has a market capitalization of $4.86 billion, a price-to-earnings ratio of 35.80 and a beta of 1.04. The stock’s 50-day simple moving average is $82.98 and its 200-day simple moving average is $79.69.

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.