Harbour Investments Inc. Cuts Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Harbour Investments Inc. lessened its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 26.6% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 15,837 shares of the company’s stock after selling 5,750 shares during the period. Harbour Investments Inc.’s holdings in JPMorgan Active Growth ETF were worth $1,283,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Captrust Financial Advisors lifted its stake in JPMorgan Active Growth ETF by 13.1% in the third quarter. Captrust Financial Advisors now owns 2,969,793 shares of the company’s stock valued at $228,317,000 after purchasing an additional 344,491 shares during the last quarter. LPL Financial LLC lifted its stake in JPMorgan Active Growth ETF by 18.3% in the third quarter. LPL Financial LLC now owns 2,544,590 shares of the company’s stock valued at $195,628,000 after purchasing an additional 394,221 shares during the last quarter. Strategic Financial Concepts LLC lifted its stake in JPMorgan Active Growth ETF by 14,999.4% in the fourth quarter. Strategic Financial Concepts LLC now owns 2,247,244 shares of the company’s stock valued at $182,094,000 after purchasing an additional 2,232,361 shares during the last quarter. JPMorgan Chase & Co. lifted its stake in JPMorgan Active Growth ETF by 27.4% in the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock valued at $105,364,000 after purchasing an additional 294,827 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in JPMorgan Active Growth ETF by 11.1% in the fourth quarter. Commonwealth Equity Services LLC now owns 1,129,927 shares of the company’s stock valued at $91,558,000 after purchasing an additional 112,461 shares during the last quarter.

JPMorgan Active Growth ETF Trading Down 1.8 %

JPMorgan Active Growth ETF stock opened at $74.23 on Wednesday. JPMorgan Active Growth ETF has a 12 month low of $65.31 and a 12 month high of $85.56. The business’s 50 day simple moving average is $81.28 and its 200 day simple moving average is $79.94. The company has a market cap of $4.63 billion, a price-to-earnings ratio of 31.64 and a beta of 1.06.

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.