USAdvisors Wealth Management LLC Acquires 1,863 Shares of JPMorgan Active Growth ETF $JGRO

USAdvisors Wealth Management LLC raised its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 21.8% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 10,427 shares of the company’s stock after purchasing an additional 1,863 shares during the period. USAdvisors Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $898,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. JPMorgan Chase & Co. increased its stake in shares of JPMorgan Active Growth ETF by 0.6% during the first quarter. JPMorgan Chase & Co. now owns 8,585,389 shares of the company’s stock valued at $633,516,000 after purchasing an additional 47,387 shares in the last quarter. LPL Financial LLC increased its stake in shares of JPMorgan Active Growth ETF by 21.1% during the first quarter. LPL Financial LLC now owns 4,413,268 shares of the company’s stock valued at $325,655,000 after purchasing an additional 769,365 shares in the last quarter. Ameriprise Financial Inc. increased its stake in shares of JPMorgan Active Growth ETF by 23.9% during the first quarter. Ameriprise Financial Inc. now owns 4,302,088 shares of the company’s stock valued at $317,441,000 after purchasing an additional 829,024 shares in the last quarter. Raymond James Financial Inc. increased its stake in shares of JPMorgan Active Growth ETF by 33.5% during the first quarter. Raymond James Financial Inc. now owns 1,488,837 shares of the company’s stock valued at $109,861,000 after purchasing an additional 373,951 shares in the last quarter. Finally, Janney Montgomery Scott LLC increased its stake in shares of JPMorgan Active Growth ETF by 16.0% during the second quarter. Janney Montgomery Scott LLC now owns 1,487,290 shares of the company’s stock valued at $128,011,000 after purchasing an additional 205,582 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA JGRO opened at $93.92 on Friday. The company has a market capitalization of $7.78 billion, a price-to-earnings ratio of 35.50 and a beta of -1.23. The company has a 50 day simple moving average of $90.49 and a two-hundred day simple moving average of $83.08. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $94.71.

JPMorgan Active Growth ETF 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.