Eldridge Investment Advisors Inc. Grows Stock Position in JPMorgan Active Growth ETF $JGRO

Eldridge Investment Advisors Inc. increased its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 31.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 57,494 shares of the company’s stock after buying an additional 13,794 shares during the quarter. JPMorgan Active Growth ETF comprises approximately 1.2% of Eldridge Investment Advisors Inc.’s portfolio, making the stock its 25th largest position. Eldridge Investment Advisors Inc. owned about 0.06% of JPMorgan Active Growth ETF worth $5,335,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC raised its position in shares of JPMorgan Active Growth ETF by 59.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after buying an additional 113 shares during the period. Wedbush Securities Inc. raised its position in shares of JPMorgan Active Growth ETF by 2.5% during the 3rd quarter. Wedbush Securities Inc. now owns 6,215 shares of the company’s stock valued at $583,000 after buying an additional 152 shares during the period. World Investment Advisors raised its position in shares of JPMorgan Active Growth ETF by 4.1% during the 4th quarter. World Investment Advisors now owns 4,274 shares of the company’s stock valued at $372,000 after buying an additional 169 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of JPMorgan Active Growth ETF by 1.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,247 shares of the company’s stock valued at $1,137,000 after buying an additional 183 shares during the period. Finally, ADG Wealth Management Group LLC raised its position in shares of JPMorgan Active Growth ETF by 5.6% during the 4th quarter. ADG Wealth Management Group LLC now owns 3,786 shares of the company’s stock valued at $351,000 after buying an additional 201 shares during the period.

JPMorgan Active Growth ETF Stock Performance

JGRO stock opened at $95.58 on Tuesday. The firm has a market cap of $9.58 billion, a PE ratio of 35.50 and a beta of 1.09. The firm’s 50 day moving average price is $93.35 and its 200-day moving average price is $91.70. JPMorgan Active Growth ETF has a one year low of $81.16 and a one year high of $99.73.

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.