JPMorgan Active Growth ETF $JGRO Shares Sold by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC reduced its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 278,090 shares of the company’s stock after selling 29,846 shares during the period. Sequoia Financial Advisors LLC owned approximately 0.27% of JPMorgan Active Growth ETF worth $27,417,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JGRO. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Active Growth ETF by 23.6% in the 4th quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock valued at $1,201,081,000 after acquiring an additional 2,472,865 shares during the period. LPL Financial LLC increased its holdings in JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after purchasing an additional 884,710 shares during the last quarter. Captrust Financial Advisors raised its position in JPMorgan Active Growth ETF by 5.0% in the fourth quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock valued at $363,520,000 after purchasing an additional 186,762 shares during the period. Raymond James Financial Inc. raised its position in JPMorgan Active Growth ETF by 20.2% in the fourth quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock valued at $214,050,000 after purchasing an additional 387,862 shares during the period. Finally, Bank of America Corp DE lifted its stake in JPMorgan Active Growth ETF by 14.0% during the first quarter. Bank of America Corp DE now owns 2,231,576 shares of the company’s stock worth $188,613,000 after purchasing an additional 274,085 shares in the last quarter.

JPMorgan Active Growth ETF Stock Down 0.4%

JGRO opened at $94.05 on Thursday. JPMorgan Active Growth ETF has a 52 week low of $81.16 and a 52 week high of $99.73. The business has a fifty day simple moving average of $94.35 and a 200-day simple moving average of $92.95. The firm has a market cap of $9.83 billion, a P/E 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.