JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Down 58.0% in July

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the recipient of a significant decrease in short interest in the month of July. As of July 31st, there was short interest totaling 136,626 shares, a decrease of 58.0% from the July 15th total of 325,009 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 789,719 shares, the short-interest ratio is presently 0.2 days.

Institutional Trading of JPMorgan Active Growth ETF

Hedge funds have recently bought and sold shares of the company. First National Bank & Trust Co. of Newtown purchased a new position in JPMorgan Active Growth ETF during the 2nd quarter worth approximately $963,000. Continuum Advisory LLC bought a new stake in shares of JPMorgan Active Growth ETF in the 2nd quarter valued at approximately $219,000. Tulsa Wealth Advisors INC acquired a new position in JPMorgan Active Growth ETF during the second quarter worth $265,000. Bank of New York Mellon Corp raised its stake in shares of JPMorgan Active Growth ETF by 7.0% in the 2nd quarter. Bank of New York Mellon Corp now owns 437,258 shares of the company’s stock valued at $43,109,000 after acquiring an additional 28,694 shares in the last quarter. Finally, Frontier Asset Management LLC raised its position in shares of JPMorgan Active Growth ETF by 2.3% in the second quarter. Frontier Asset Management LLC now owns 365,563 shares of the company’s stock valued at $36,041,000 after purchasing an additional 8,311 shares during the period.

JPMorgan Active Growth ETF Trading Down 0.1%

NYSEARCA:JGRO traded down $0.09 during mid-day trading on Friday, reaching $96.78. 494,960 shares of the stock were exchanged, compared to its average volume of 602,474. JPMorgan Active Growth ETF has a 1-year low of $81.16 and a 1-year high of $99.73. The business has a fifty day moving average price of $94.95 and a 200 day moving average price of $92.37. The firm has a market capitalization of $10.11 billion, a PE ratio of 35.50 and a beta of 1.10.

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.