JPMorgan Active Growth ETF (NYSEARCA:JGRO) Short Interest Update

JPMorgan Active Growth ETF (NYSEARCA:JGRO) saw a significant growth in short interest in the month of June. As of June 15th, there was short interest totaling 292,604 shares, a growth of 268.9% from the May 31st total of 79,319 shares. Currently, 0.3% of the company’s shares are short sold. Based on an average trading volume of 764,896 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On JPMorgan Active Growth ETF

A number of hedge funds have recently modified their holdings of the business. Segall Bryant & Hamill LLC purchased a new stake in JPMorgan Active Growth ETF in the 1st quarter valued at about $261,000. Western Wealth Management LLC boosted its stake in JPMorgan Active Growth ETF by 2.8% during the first quarter. Western Wealth Management LLC now owns 96,143 shares of the company’s stock worth $8,126,000 after buying an additional 2,639 shares during the period. Bank of America Corp DE boosted its stake in JPMorgan Active Growth ETF by 14.0% during the first quarter. Bank of America Corp DE now owns 2,231,576 shares of the company’s stock worth $188,613,000 after buying an additional 274,085 shares during the period. Centaurus Financial Inc. purchased a new position in JPMorgan Active Growth ETF during the first quarter worth about $123,000. Finally, Arkadios Wealth Advisors increased its position in shares of JPMorgan Active Growth ETF by 6,095.3% during the first quarter. Arkadios Wealth Advisors now owns 193,170 shares of the company’s stock valued at $16,327,000 after acquiring an additional 190,052 shares during the last quarter.

JPMorgan Active Growth ETF Trading Down 1.0%

JGRO stock traded down $0.98 during midday trading on Friday, hitting $94.05. 472,633 shares of the company’s stock were exchanged, compared to its average volume of 603,442. JPMorgan Active Growth ETF has a 1-year low of $81.16 and a 1-year high of $99.73. The stock has a market capitalization of $9.43 billion, a PE ratio of 35.50 and a beta of 1.09. The business has a 50-day simple moving average of $95.89 and a two-hundred day simple moving average of $91.97.

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.