Rollins Financial Advisors LLC Buys New Position in JPMorgan Active Growth ETF $JGRO

Rollins Financial Advisors LLC bought a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 4,691 shares of the company’s stock, valued at approximately $404,000.

A number of other large investors have also added to or reduced their stakes in JGRO. Ameriprise Financial Inc. boosted its stake in shares of JPMorgan Active Growth ETF by 23.9% in the 1st quarter. Ameriprise Financial Inc. now owns 4,302,088 shares of the company’s stock valued at $317,441,000 after purchasing an additional 829,024 shares in the last quarter. LPL Financial LLC lifted its position in JPMorgan Active Growth ETF by 21.1% in the first quarter. LPL Financial LLC now owns 4,413,268 shares of the company’s stock valued at $325,655,000 after purchasing an additional 769,365 shares during the last quarter. Vestmark Advisory Solutions Inc. boosted its position in JPMorgan Active Growth ETF by 162.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 1,100,250 shares of the company’s stock valued at $94,699,000 after buying an additional 680,460 shares during the period. Bank of New York Mellon Corp purchased a new stake in shares of JPMorgan Active Growth ETF during the first quarter worth about $37,239,000. Finally, Jones Financial Companies Lllp lifted its holdings in JPMorgan Active Growth ETF by 91.3% in the 1st quarter. Jones Financial Companies Lllp now owns 944,747 shares of the company’s stock worth $69,628,000 after buying an additional 450,998 shares during the period.

JPMorgan Active Growth ETF Trading Down 0.2%

NYSEARCA:JGRO opened at $93.07 on Friday. The company has a 50-day moving average price of $93.33 and a 200-day moving average price of $87.10. The stock has a market cap of $7.80 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 12 month low of $63.33 and a 12 month high of $97.91.

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.