Harbour Investments Inc. Sells 5,750 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Harbour Investments Inc. trimmed its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 26.6% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,837 shares of the company’s stock after selling 5,750 shares during the period. Harbour Investments Inc. owned approximately 0.07% of JPMorgan Active Growth ETF worth $1,283,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new stake in JPMorgan Active Growth ETF during the 4th quarter worth approximately $29,000. JPMorgan Chase & Co. increased its holdings in JPMorgan Active Growth ETF by 27.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock worth $105,364,000 after purchasing an additional 294,827 shares in the last quarter. Carnegie Investment Counsel bought a new stake in JPMorgan Active Growth ETF during the 4th quarter worth approximately $1,347,000. High Net Worth Advisory Group LLC bought a new stake in JPMorgan Active Growth ETF during the 4th quarter worth approximately $437,000. Finally, Sanctuary Advisors LLC bought a new stake in JPMorgan Active Growth ETF during the 3rd quarter worth approximately $841,000.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO opened at $74.23 on Wednesday. The stock has a 50 day moving average price of $81.28 and a two-hundred day moving average price of $79.94. The firm has a market capitalization of $4.63 billion, a P/E ratio of 31.64 and a beta of 1.06. JPMorgan Active Growth ETF has a 52 week low of $65.31 and a 52 week high of $85.56.

JPMorgan Active Growth ETF 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.