Founders Financial Alliance LLC Buys 5,514 Shares of JPMorgan Active Growth ETF $JGRO

Founders Financial Alliance LLC grew its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 64,398 shares of the company’s stock after acquiring an additional 5,514 shares during the quarter. JPMorgan Active Growth ETF accounts for 1.1% of Founders Financial Alliance LLC’s holdings, making the stock its 18th biggest position. Founders Financial Alliance LLC’s holdings in JPMorgan Active Growth ETF were worth $5,976,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently modified their holdings of the company. MAI Capital Management bought a new stake in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at about $25,000. Pflug Koory LLC bought a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter valued at about $25,000. Hilton Head Capital Partners LLC bought a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter valued at about $28,000. O Shaughnessy Asset Management LLC increased its stake in shares of JPMorgan Active Growth ETF by 59.5% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after acquiring an additional 113 shares during the last quarter. Finally, Balentine LLC acquired a new position in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at approximately $29,000.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO opened at $95.07 on Friday. The stock has a 50 day simple moving average of $94.06 and a 200 day simple moving average of $91.79. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week high of $99.73. The firm has a market capitalization of $9.53 billion, a PE ratio of 35.50 and a beta of 1.09.

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.