Avior Wealth Management LLC Decreases Stock Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Avior Wealth Management LLC trimmed its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 3.8% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 626,819 shares of the company’s stock after selling 24,922 shares during the quarter. JPMorgan Active Growth ETF makes up approximately 1.9% of Avior Wealth Management LLC’s holdings, making the stock its 8th biggest position. Avior Wealth Management LLC owned 2.77% of JPMorgan Active Growth ETF worth $50,791,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the stock. Renaissance Technologies LLC bought a new stake in shares of JPMorgan Active Growth ETF in the second quarter worth about $1,082,000. Benjamin F. Edwards & Company Inc. purchased a new position in JPMorgan Active Growth ETF during the 2nd quarter valued at approximately $126,000. NewEdge Advisors LLC increased its stake in JPMorgan Active Growth ETF by 34.1% in the 2nd quarter. NewEdge Advisors LLC now owns 16,700 shares of the company’s stock worth $1,255,000 after acquiring an additional 4,245 shares during the last quarter. B. Riley Wealth Advisors Inc. purchased a new stake in shares of JPMorgan Active Growth ETF during the 2nd quarter worth approximately $225,000. Finally, Cetera Investment Advisers boosted its position in shares of JPMorgan Active Growth ETF by 115.7% during the 2nd quarter. Cetera Investment Advisers now owns 78,144 shares of the company’s stock valued at $5,873,000 after acquiring an additional 41,909 shares during the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO opened at $84.90 on Thursday. The stock has a market capitalization of $1.92 billion, a PE ratio of 39.06 and a beta of 1.33. The company’s fifty day moving average is $82.23 and its 200 day moving average is $77.91. JPMorgan Active Growth ETF has a fifty-two week low of $63.07 and a fifty-two week high of $85.16.

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.