AdvisorNet Financial Inc Increases Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

AdvisorNet Financial Inc increased its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 530.9% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 3,760 shares of the company’s stock after purchasing an additional 3,164 shares during the quarter. AdvisorNet Financial Inc’s holdings in JPMorgan Active Growth ETF were worth $305,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the business. Captrust Financial Advisors lifted its holdings in shares of JPMorgan Active Growth ETF by 13.1% during the 3rd quarter. Captrust Financial Advisors now owns 2,969,793 shares of the company’s stock worth $228,317,000 after acquiring an additional 344,491 shares during the period. LPL Financial LLC raised its stake in JPMorgan Active Growth ETF by 18.3% during the third quarter. LPL Financial LLC now owns 2,544,590 shares of the company’s stock worth $195,628,000 after purchasing an additional 394,221 shares during the period. JPMorgan Chase & Co. raised its stake in JPMorgan Active Growth ETF by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock worth $105,364,000 after purchasing an additional 294,827 shares during the period. CWM LLC grew its stake in shares of JPMorgan Active Growth ETF by 15.1% during the 3rd quarter. CWM LLC now owns 961,254 shares of the company’s stock valued at $73,901,000 after buying an additional 126,344 shares during the period. Finally, Janney Montgomery Scott LLC grew its stake in shares of JPMorgan Active Growth ETF by 11.6% during the 3rd quarter. Janney Montgomery Scott LLC now owns 884,833 shares of the company’s stock valued at $68,026,000 after buying an additional 91,985 shares during the period.

JPMorgan Active Growth ETF Trading Down 0.4 %

Shares of JGRO opened at $81.96 on Friday. JPMorgan Active Growth ETF has a twelve month low of $60.79 and a twelve month high of $84.87. The firm has a market capitalization of $1.85 billion, a P/E ratio of 39.06 and a beta of 1.33. The stock’s fifty day simple moving average is $82.07 and its 200 day simple moving average is $77.67.

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.