JPMorgan Active Growth ETF $JGRO Shares Sold by Strategic Financial Concepts LLC

Strategic Financial Concepts LLC cut its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 87.4% during the fourth quarter, Holdings Channel reports. The institutional investor owned 6,020 shares of the company’s stock after selling 41,757 shares during the quarter. Strategic Financial Concepts LLC’s holdings in JPMorgan Active Growth ETF were worth $559,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. Echo Wealth Management LLC grew its stake in shares of JPMorgan Active Growth ETF by 37.2% during the 4th quarter. Echo Wealth Management LLC now owns 66,977 shares of the company’s stock worth $6,215,000 after purchasing an additional 18,168 shares during the period. Fortis Group Advisors LLC grew its stake in shares of JPMorgan Active Growth ETF by 63.8% during the 3rd quarter. Fortis Group Advisors LLC now owns 28,848 shares of the company’s stock worth $2,781,000 after purchasing an additional 11,237 shares during the period. Atticus Wealth Management LLC grew its stake in shares of JPMorgan Active Growth ETF by 94.6% during the 3rd quarter. Atticus Wealth Management LLC now owns 13,971 shares of the company’s stock worth $1,310,000 after purchasing an additional 6,792 shares during the period. Berman McAleer LLC acquired a new position in shares of JPMorgan Active Growth ETF during the 3rd quarter worth $41,172,000. Finally, Cambridge Advisors Inc. grew its stake in shares of JPMorgan Active Growth ETF by 33.2% during the 4th quarter. Cambridge Advisors Inc. now owns 24,812 shares of the company’s stock worth $2,303,000 after purchasing an additional 6,191 shares during the period.

JPMorgan Active Growth ETF Stock Up 0.2%

NYSEARCA:JGRO opened at $97.20 on Friday. JPMorgan Active Growth ETF has a fifty-two week low of $78.69 and a fifty-two week high of $98.94. The stock has a market cap of $9.74 billion, a PE ratio of 35.50 and a beta of 1.09. The firm’s fifty day simple moving average is $90.63 and its 200-day simple moving average is $91.39.

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.