GGM Financials LLC Grows Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

GGM Financials LLC grew its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 5.6% in the fourth quarter, Holdings Channel reports. The institutional investor owned 121,644 shares of the company’s stock after acquiring an additional 6,414 shares during the period. JPMorgan Active Growth ETF makes up 10.5% of GGM Financials LLC’s investment portfolio, making the stock its 3rd largest holding. GGM Financials LLC’s holdings in JPMorgan Active Growth ETF were worth $9,857,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Wagner Wealth Management LLC boosted its stake in JPMorgan Active Growth ETF by 3.2% during the 4th quarter. Wagner Wealth Management LLC now owns 159,056 shares of the company’s stock valued at $12,888,000 after purchasing an additional 4,994 shares during the last quarter. Kestra Private Wealth Services LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 1,064.5% in the fourth quarter. Kestra Private Wealth Services LLC now owns 34,794 shares of the company’s stock valued at $2,819,000 after purchasing an additional 31,806 shares in the last quarter. Stephens Inc. AR boosted its position in shares of JPMorgan Active Growth ETF by 19.1% during the fourth quarter. Stephens Inc. AR now owns 38,045 shares of the company’s stock valued at $3,083,000 after buying an additional 6,092 shares during the last quarter. Arlington Financial Advisors LLC grew its stake in shares of JPMorgan Active Growth ETF by 1.0% in the 4th quarter. Arlington Financial Advisors LLC now owns 168,478 shares of the company’s stock worth $13,652,000 after acquiring an additional 1,707 shares in the last quarter. Finally, Kingsview Wealth Management LLC grew its position in JPMorgan Active Growth ETF by 369.7% in the 4th quarter. Kingsview Wealth Management LLC now owns 21,657 shares of the company’s stock worth $1,755,000 after purchasing an additional 17,046 shares in the last quarter.

JPMorgan Active Growth ETF Stock Down 1.0 %

JPMorgan Active Growth ETF stock opened at $83.57 on Monday. JPMorgan Active Growth ETF has a 52 week low of $65.31 and a 52 week high of $85.56. The company’s 50 day moving average price is $82.98 and its two-hundred day moving average price is $78.55. The stock has a market cap of $1.89 billion, a P/E ratio of 39.06 and a beta of 1.33.

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.