JPMorgan Active Growth ETF $JGRO Shares Sold by MLG Wealth Management DBA Pine Grove Financial Group

MLG Wealth Management DBA Pine Grove Financial Group decreased its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 14.9% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 134,552 shares of the company’s stock after selling 23,633 shares during the quarter. JPMorgan Active Growth ETF makes up approximately 1.3% of MLG Wealth Management DBA Pine Grove Financial Group’s portfolio, making the stock its 24th largest holding. MLG Wealth Management DBA Pine Grove Financial Group’s holdings in JPMorgan Active Growth ETF were worth $13,161,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also made changes to their positions in JGRO. Ameritas Advisory Services LLC increased its position in JPMorgan Active Growth ETF by 124.7% during the second quarter. Ameritas Advisory Services LLC now owns 10,739 shares of the company’s stock worth $1,059,000 after buying an additional 5,960 shares during the period. Kintra Wealth LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 1,059.7% in the second quarter. Kintra Wealth LLC now owns 327,929 shares of the company’s stock valued at $31,766,000 after acquiring an additional 299,651 shares during the period. Yarger Wealth Strategies LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 6.0% in the second quarter. Yarger Wealth Strategies LLC now owns 68,401 shares of the company’s stock valued at $6,623,000 after acquiring an additional 3,880 shares during the period. SFG Wealth Management LLC. boosted its holdings in shares of JPMorgan Active Growth ETF by 57.4% in the second quarter. SFG Wealth Management LLC. now owns 7,466 shares of the company’s stock valued at $736,000 after acquiring an additional 2,723 shares during the period. Finally, HB Wealth Management LLC grew its position in shares of JPMorgan Active Growth ETF by 62.3% during the second quarter. HB Wealth Management LLC now owns 15,894 shares of the company’s stock worth $1,567,000 after acquiring an additional 6,099 shares during the last quarter.

JPMorgan Active Growth ETF Price Performance

Shares of NYSEARCA:JGRO opened at $94.68 on Tuesday. The stock has a market cap of $9.89 billion, a P/E ratio of 35.50 and a beta of 1.10. The firm has a fifty day moving average price of $94.49 and a 200 day moving average price of $92.87. JPMorgan Active Growth ETF has a 1-year low of $81.16 and a 1-year high of $99.73.

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.