Janney Montgomery Scott LLC Sells 287,860 Shares of JPMorgan Active Growth ETF $JGRO
by Michael Walen · The Markets DailyJanney Montgomery Scott LLC lowered its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report) by 18.5% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,270,516 shares of the company’s stock after selling 287,860 shares during the period. Janney Montgomery Scott LLC’s holdings in JPMorgan Active Growth ETF were worth $125,260,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in JGRO. Arwa LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth approximately $1,147,000. Sequoia Financial Advisors LLC purchased a new position in shares of JPMorgan Active Growth ETF in the 4th quarter valued at approximately $31,059,000. 5T Wealth LLC lifted its stake in shares of JPMorgan Active Growth ETF by 26.4% in the 4th quarter. 5T Wealth LLC now owns 38,210 shares of the company’s stock valued at $3,546,000 after purchasing an additional 7,986 shares during the period. Steph & Co. boosted its position in shares of JPMorgan Active Growth ETF by 4.0% during the first quarter. Steph & Co. now owns 517,947 shares of the company’s stock valued at $43,777,000 after purchasing an additional 19,759 shares in the last quarter. Finally, Morey & Quinn Wealth Partners LLC boosted its position in shares of JPMorgan Active Growth ETF by 24.2% during the fourth quarter. Morey & Quinn Wealth Partners LLC now owns 31,675 shares of the company’s stock valued at $2,939,000 after purchasing an additional 6,176 shares in the last quarter.
JPMorgan Active Growth ETF Stock Down 0.1%
Shares of JGRO stock opened at $96.78 on Friday. The business’s fifty day moving average is $94.95 and its 200 day moving average is $92.37. The stock has a market cap of $10.11 billion, a price-to-earnings ratio of 35.50 and a beta of 1.10. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73.
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.
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