Motco Acquires Shares of 39,605 JPMorgan Active Growth ETF $JGRO

Motco bought a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor bought 39,605 shares of the company’s stock, valued at approximately $3,498,000.

A number of other institutional investors have also recently modified their holdings of the stock. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Active Growth ETF by 0.6% during the 1st quarter. JPMorgan Chase & Co. now owns 8,585,389 shares of the company’s stock valued at $633,516,000 after acquiring an additional 47,387 shares during the period. LPL Financial LLC lifted its position in shares of JPMorgan Active Growth ETF by 21.1% during the 1st quarter. LPL Financial LLC now owns 4,413,268 shares of the company’s stock valued at $325,655,000 after acquiring an additional 769,365 shares during the period. Ameriprise Financial Inc. lifted its position in shares of JPMorgan Active Growth ETF by 23.9% during the 1st quarter. Ameriprise Financial Inc. now owns 4,302,088 shares of the company’s stock valued at $317,441,000 after acquiring an additional 829,024 shares during the period. Raymond James Financial Inc. lifted its position in shares of JPMorgan Active Growth ETF by 33.5% during the 1st quarter. Raymond James Financial Inc. now owns 1,488,837 shares of the company’s stock valued at $109,861,000 after acquiring an additional 373,951 shares during the period. Finally, Janney Montgomery Scott LLC lifted its position in shares of JPMorgan Active Growth ETF by 16.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,487,290 shares of the company’s stock valued at $128,011,000 after acquiring an additional 205,582 shares during the period.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA:JGRO opened at $97.23 on Wednesday. The stock has a fifty day moving average price of $92.31 and a 200-day moving average price of $85.71. The company has a market cap of $8.08 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $97.52.

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.