NewEdge Advisors LLC Has $5.06 Million Stock Holdings in JPMorgan Active Growth ETF $JGRO

NewEdge Advisors LLC cut its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 50.5% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 59,860 shares of the company’s stock after selling 61,038 shares during the quarter. NewEdge Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $5,059,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in JGRO. O Shaughnessy Asset Management LLC lifted its position in shares of JPMorgan Active Growth ETF by 59.5% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock worth $28,000 after purchasing an additional 113 shares in the last quarter. Intrua Financial LLC grew its position in JPMorgan Active Growth ETF by 2.3% during the first quarter. Intrua Financial LLC now owns 5,774 shares of the company’s stock valued at $488,000 after purchasing an additional 130 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in JPMorgan Active Growth ETF by 5.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock valued at $290,000 after purchasing an additional 148 shares in the last quarter. GeoWealth Management LLC increased its stake in JPMorgan Active Growth ETF by 2.7% in the 4th quarter. GeoWealth Management LLC now owns 5,897 shares of the company’s stock valued at $547,000 after buying an additional 154 shares during the period. Finally, World Investment Advisors increased its stake in JPMorgan Active Growth ETF by 4.1% in the 4th quarter. World Investment Advisors now owns 4,274 shares of the company’s stock valued at $372,000 after buying an additional 169 shares during the period.

JPMorgan Active Growth ETF Stock Down 0.5%

JGRO stock opened at $95.14 on Wednesday. The company has a 50 day moving average of $95.01 and a two-hundred day moving average of $92.27. The company has a market cap of $9.94 billion, a price-to-earnings ratio of 35.50 and a beta of 1.10. JPMorgan Active Growth ETF has a 12-month low of $81.16 and a 12-month high of $99.73.

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.