JPMorgan Active Growth ETF $JGRO Position Boosted by Royal Bank of Canada

Royal Bank of Canada raised its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.5% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,348,530 shares of the company’s stock after buying an additional 82,289 shares during the period. Royal Bank of Canada’s holdings in JPMorgan Active Growth ETF were worth $113,978,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Marshall Wace LLP bought a new stake in shares of JPMorgan Active Growth ETF in the 2nd quarter worth $2,557,000. Qube Research & Technologies Ltd grew its holdings in JPMorgan Active Growth ETF by 36.9% during the second quarter. Qube Research & Technologies Ltd now owns 32,806 shares of the company’s stock worth $2,824,000 after acquiring an additional 8,845 shares during the period. Raymond James Financial Inc. grew its holdings in JPMorgan Active Growth ETF by 3.1% during the second quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock worth $132,061,000 after acquiring an additional 45,507 shares during the period. Jane Street Group LLC bought a new stake in JPMorgan Active Growth ETF in the second quarter worth about $5,569,000. Finally, Bank of America Corp DE raised its position in JPMorgan Active Growth ETF by 9.5% in the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock worth $138,594,000 after acquiring an additional 140,188 shares in the last quarter.

JPMorgan Active Growth ETF Trading Up 3.3%

Shares of NYSEARCA JGRO opened at $91.12 on Friday. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73. The company has a market capitalization of $9.49 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. The firm has a 50-day moving average of $95.57 and a two-hundred day moving average of $92.13.

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.