Drive Wealth Management LLC Purchases 5,107 Shares of JPMorgan Active Growth ETF $JGRO

Drive Wealth Management LLC boosted its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 93.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 10,546 shares of the company’s stock after buying an additional 5,107 shares during the quarter. Drive Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $908,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Crewe Advisors LLC raised its position in shares of JPMorgan Active Growth ETF by 103.6% in the second quarter. Crewe Advisors LLC now owns 1,771 shares of the company’s stock valued at $152,000 after purchasing an additional 901 shares during the period. WBH Advisory Inc. bought a new position in shares of JPMorgan Active Growth ETF in the second quarter valued at about $1,365,000. Stephens Inc. AR raised its position in shares of JPMorgan Active Growth ETF by 19.3% in the second quarter. Stephens Inc. AR now owns 55,281 shares of the company’s stock valued at $4,758,000 after purchasing an additional 8,925 shares during the period. International Assets Investment Management LLC raised its position in shares of JPMorgan Active Growth ETF by 50.8% in the second quarter. International Assets Investment Management LLC now owns 4,223 shares of the company’s stock valued at $363,000 after purchasing an additional 1,423 shares during the period. Finally, Signature Estate & Investment Advisors LLC raised its position in shares of JPMorgan Active Growth ETF by 60.0% in the second quarter. Signature Estate & Investment Advisors LLC now owns 37,507 shares of the company’s stock valued at $3,228,000 after purchasing an additional 14,069 shares during the period.

JPMorgan Active Growth ETF Price Performance

Shares of JGRO opened at $93.10 on Monday. The firm has a market capitalization of $7.72 billion, a PE ratio of 35.50 and a beta of -1.23. The company’s 50-day moving average is $91.57 and its 200-day moving average is $84.43. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $95.16.

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.