JPMorgan Active Growth ETF (NYSEARCA:JGRO – Get Free Report) was the target of a large decline in short interest during the month of May. As of May 29th, there was short interest totaling 79,319 shares, a decline of 41.5% from the May 14th total of 135,591 shares. Approximately 0.1% of the company’s stock are short sold. Based on an average daily volume of 625,967 shares, the short-interest ratio is currently 0.1 days.
JPMorgan Active Growth ETF Stock Performance
JGRO stock opened at $96.82 on Wednesday. The company has a market capitalization of $9.70 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week high of $99.73. The business has a 50-day simple moving average of $94.73 and a two-hundred day simple moving average of $91.87.
Hedge Funds Weigh In On JPMorgan Active Growth ETF
Several hedge funds have recently modified their holdings of the company. O Shaughnessy Asset Management LLC lifted 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. Intrua Financial LLC lifted its position in shares of JPMorgan Active Growth ETF by 2.3% during the 1st quarter. Intrua Financial LLC now owns 5,774 shares of the company’s stock worth $488,000 after buying an additional 130 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in shares of JPMorgan Active Growth ETF by 5.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock worth $290,000 after buying an additional 148 shares in the last quarter. Wedbush Securities Inc. lifted 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 buying an additional 152 shares in the last quarter. Finally, GeoWealth Management LLC lifted 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.
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.
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