Guided Capital Wealth Management LLC Acquires Shares of 75,052 JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Guided Capital Wealth Management LLC acquired a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 4th quarter, HoldingsChannel reports. The firm acquired 75,052 shares of the company’s stock, valued at approximately $6,081,000. JPMorgan Active Growth ETF comprises about 5.6% of Guided Capital Wealth Management LLC’s portfolio, making the stock its 7th biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JGRO. Keystone Wealth Services LLC purchased a new stake in JPMorgan Active Growth ETF during the 3rd quarter valued at approximately $455,000. MN Wealth Advisors LLC raised its stake in JPMorgan Active Growth ETF by 10.3% during the 3rd quarter. MN Wealth Advisors LLC now owns 89,336 shares of the company’s stock valued at $6,868,000 after acquiring an additional 8,377 shares during the last quarter. Firethorn Wealth Partners LLC raised its stake in JPMorgan Active Growth ETF by 29.4% during the 3rd quarter. Firethorn Wealth Partners LLC now owns 4,277 shares of the company’s stock valued at $329,000 after acquiring an additional 973 shares during the last quarter. Good Life Advisors LLC raised its stake in JPMorgan Active Growth ETF by 53.1% during the 3rd quarter. Good Life Advisors LLC now owns 30,203 shares of the company’s stock valued at $2,322,000 after acquiring an additional 10,478 shares during the last quarter. Finally, LexAurum Advisors LLC raised its stake in shares of JPMorgan Active Growth ETF by 21.7% during the 3rd quarter. LexAurum Advisors LLC now owns 28,954 shares of the company’s stock worth $2,226,000 after buying an additional 5,160 shares in the last quarter.

JPMorgan Active Growth ETF Trading Down 0.4 %

Shares of JGRO stock opened at $83.95 on Wednesday. The company has a market cap of $1.90 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The stock has a 50 day simple moving average of $83.02 and a 200-day simple moving average of $78.68. JPMorgan Active Growth ETF has a 12-month low of $65.31 and a 12-month high of $85.56.

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.