Cetera Investment Advisers Raises Stake in JPMorgan Active Growth ETF $JGRO

Cetera Investment Advisers raised its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 123.2% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,196,206 shares of the company’s stock after acquiring an additional 660,186 shares during the period. Cetera Investment Advisers’ holdings in JPMorgan Active Growth ETF were worth $101,103,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in JGRO. PNC Financial Services Group Inc. lifted its holdings in shares of JPMorgan Active Growth ETF by 9.3% in the 1st quarter. PNC Financial Services Group Inc. now owns 215,646 shares of the company’s stock worth $18,226,000 after acquiring an additional 18,419 shares during the last quarter. Resolute Wealth Strategies LLC grew its holdings in shares of JPMorgan Active Growth ETF by 5.6% during the 1st quarter. Resolute Wealth Strategies LLC now owns 160,789 shares of the company’s stock valued at $13,590,000 after purchasing an additional 8,578 shares during the last quarter. Frontier Asset Management LLC raised its position in JPMorgan Active Growth ETF by 10.5% in the 1st quarter. Frontier Asset Management LLC now owns 357,252 shares of the company’s stock worth $30,195,000 after purchasing an additional 34,071 shares during the period. Cornerstone Planning Group LLC purchased a new position in JPMorgan Active Growth ETF in the 1st quarter worth $84,000. Finally, Independent Financial Group LLC bought a new stake in JPMorgan Active Growth ETF in the first quarter worth $596,000.

JPMorgan Active Growth ETF Stock Down 1.4%

NYSEARCA JGRO opened at $93.21 on Friday. The company has a 50-day simple moving average of $96.19 and a two-hundred day simple moving average of $92.23. JPMorgan Active Growth ETF has a 12-month low of $81.16 and a 12-month high of $99.73. The firm has a market cap of $9.51 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09.

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.