JPMorgan Active Growth ETF $JGRO Shares Purchased by Lido Advisors LLC

Lido Advisors LLC raised its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 173.9% during the 1st quarter, HoldingsChannel reports. The firm owned 9,450 shares of the company’s stock after acquiring an additional 6,000 shares during the quarter. Lido Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $799,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of the stock. Cetera Investment Advisers grew its stake in shares of JPMorgan Active Growth ETF by 123.2% in the first quarter. Cetera Investment Advisers now owns 1,196,206 shares of the company’s stock valued at $101,103,000 after buying an additional 660,186 shares in the last quarter. PNC Financial Services Group Inc. boosted its holdings in JPMorgan Active Growth ETF by 9.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 215,646 shares of the company’s stock worth $18,226,000 after acquiring an additional 18,419 shares during the period. Resolute Wealth Strategies LLC grew its position in JPMorgan Active Growth ETF by 5.6% in the first quarter. Resolute Wealth Strategies LLC now owns 160,789 shares of the company’s stock valued at $13,590,000 after acquiring an additional 8,578 shares in the last quarter. Frontier Asset Management LLC raised its stake in shares of JPMorgan Active Growth ETF by 10.5% during the first quarter. Frontier Asset Management LLC now owns 357,252 shares of the company’s stock valued at $30,195,000 after purchasing an additional 34,071 shares during the period. Finally, Cornerstone Planning Group LLC acquired a new position in shares of JPMorgan Active Growth ETF during the first quarter worth $84,000.

JPMorgan Active Growth ETF Trading Down 1.0%

Shares of JGRO stock opened at $90.37 on Wednesday. The firm has a fifty day simple moving average of $95.87 and a 200-day simple moving average of $92.18. The company has a market capitalization of $9.22 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73.

About JPMorgan Active Growth ETF

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.