Foundry Financial Group Inc. Has $5.03 Million Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Foundry Financial Group Inc. boosted its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 0.3% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 62,040 shares of the company’s stock after purchasing an additional 174 shares during the quarter. JPMorgan Active Growth ETF accounts for about 3.1% of Foundry Financial Group Inc.’s portfolio, making the stock its 14th largest holding. Foundry Financial Group Inc. owned approximately 0.27% of JPMorgan Active Growth ETF worth $5,027,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC increased its holdings in JPMorgan Active Growth ETF by 45.8% in the 4th quarter. Ashton Thomas Private Wealth LLC now owns 23,866 shares of the company’s stock valued at $1,934,000 after buying an additional 7,497 shares during the period. Vestmark Advisory Solutions Inc. increased its holdings in JPMorgan Active Growth ETF by 1.7% in the 4th quarter. Vestmark Advisory Solutions Inc. now owns 285,039 shares of the company’s stock valued at $23,097,000 after buying an additional 4,662 shares during the period. Raymond James Financial Inc. bought a new position in JPMorgan Active Growth ETF in the 4th quarter valued at about $90,339,000. Assetmark Inc. bought a new position in JPMorgan Active Growth ETF in the 4th quarter valued at about $49,000. Finally, Triad Wealth Partners LLC bought a new position in JPMorgan Active Growth ETF in the 4th quarter valued at about $728,000.

JPMorgan Active Growth ETF Stock Down 2.9 %

JGRO stock opened at $76.57 on Friday. The firm has a market cap of $4.62 billion, a P/E ratio of 35.80 and a beta of 1.04. The company’s 50-day moving average price is $82.44 and its two-hundred day moving average price is $79.89. JPMorgan Active Growth ETF has a 12 month low of $65.31 and a 12 month high of $85.56.

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.