American Trust Cuts Stock Holdings in JPMorgan Active Growth ETF $JGRO

American Trust cut its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 574,951 shares of the company’s stock after selling 58,830 shares during the period. JPMorgan Active Growth ETF comprises about 4.5% of American Trust’s investment portfolio, making the stock its 4th largest position. American Trust’s holdings in JPMorgan Active Growth ETF were worth $53,355,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. O Shaughnessy Asset Management LLC grew 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 buying an additional 113 shares in the last quarter. GeoWealth Management LLC grew its position in shares of JPMorgan Active Growth ETF by 2.7% during the 4th quarter. GeoWealth Management LLC now owns 5,897 shares of the company’s stock worth $547,000 after buying an additional 154 shares in the last quarter. World Investment Advisors grew its position in shares of JPMorgan Active Growth ETF by 4.1% during the 4th quarter. World Investment Advisors now owns 4,274 shares of the company’s stock worth $372,000 after buying an additional 169 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its position in shares of JPMorgan Active Growth ETF by 1.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,247 shares of the company’s stock worth $1,137,000 after buying an additional 183 shares in the last quarter. Finally, ADG Wealth Management Group LLC grew its position in shares of JPMorgan Active Growth ETF by 5.6% during the 4th quarter. ADG Wealth Management Group LLC now owns 3,786 shares of the company’s stock worth $351,000 after buying an additional 201 shares in the last quarter.

JPMorgan Active Growth ETF Trading Down 0.8%

JGRO opened at $96.08 on Thursday. JPMorgan Active Growth ETF has a 12-month low of $81.16 and a 12-month high of $99.73. The business’s fifty day simple moving average is $94.94 and its 200-day simple moving average is $91.89. The company has a market capitalization of $9.63 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09.

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.