LPL Financial LLC Boosts Stake in JPMorgan Active Growth ETF $JGRO

LPL Financial LLC increased its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 14.7% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 6,922,629 shares of the company’s stock after purchasing an additional 884,710 shares during the period. LPL Financial LLC owned approximately 7.41% of JPMorgan Active Growth ETF worth $642,420,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. O Shaughnessy Asset Management LLC boosted its position in shares of JPMorgan Active Growth ETF by 59.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock worth $28,000 after purchasing an additional 113 shares during the period. Wedbush Securities Inc. boosted its position in shares of JPMorgan Active Growth ETF by 2.5% during the 3rd quarter. Wedbush Securities Inc. now owns 6,215 shares of the company’s stock worth $583,000 after purchasing an additional 152 shares during the period. World Investment Advisors boosted its position 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. Northwestern Mutual Wealth Management Co. boosted its position in JPMorgan Active Growth ETF by 1.5% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,247 shares of the company’s stock valued at $1,137,000 after buying an additional 183 shares during the period. Finally, ADG Wealth Management Group LLC boosted its position in JPMorgan Active Growth ETF by 5.6% in the 4th quarter. ADG Wealth Management Group LLC now owns 3,786 shares of the company’s stock valued at $351,000 after buying an additional 201 shares during the period.

JPMorgan Active Growth ETF Price Performance

Shares of JGRO stock opened at $95.24 on Monday. JPMorgan Active Growth ETF has a 52 week low of $81.16 and a 52 week high of $99.73. The stock has a market capitalization of $9.54 billion, a PE ratio of 35.50 and a beta of 1.09. The firm has a 50 day moving average of $93.11 and a two-hundred day moving average of $91.67.

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.