Financial Advocates Investment Management Has $12.99 Million Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Financial Advocates Investment Management grew its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 2.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 168,931 shares of the company’s stock after purchasing an additional 4,649 shares during the period. JPMorgan Active Growth ETF comprises 0.7% of Financial Advocates Investment Management’s holdings, making the stock its 27th largest holding. Financial Advocates Investment Management owned 0.75% of JPMorgan Active Growth ETF worth $12,987,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in JGRO. Strategic Blueprint LLC raised its stake in JPMorgan Active Growth ETF by 26.7% in the third quarter. Strategic Blueprint LLC now owns 75,034 shares of the company’s stock valued at $5,769,000 after purchasing an additional 15,798 shares in the last quarter. Worth Financial Advisory Group LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 5.3% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 3,822 shares of the company’s stock worth $294,000 after acquiring an additional 191 shares during the period. Patriot Financial Group Insurance Agency LLC raised its position in JPMorgan Active Growth ETF by 894.1% during the third quarter. Patriot Financial Group Insurance Agency LLC now owns 37,755 shares of the company’s stock valued at $2,903,000 after purchasing an additional 33,957 shares in the last quarter. Vima LLC lifted its stake in JPMorgan Active Growth ETF by 22.4% during the third quarter. Vima LLC now owns 13,221 shares of the company’s stock worth $1,016,000 after purchasing an additional 2,416 shares during the last quarter. Finally, FCG Investment Co acquired a new stake in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at $201,000.

JPMorgan Active Growth ETF Stock Performance

JPMorgan Active Growth ETF stock opened at $78.84 on Thursday. JPMorgan Active Growth ETF has a 52 week low of $51.90 and a 52 week high of $79.33. The stock has a market capitalization of $1.78 billion, a P/E ratio of 39.06 and a beta of 1.33. The stock has a fifty day moving average of $76.12 and a 200-day moving average of $73.57.

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.