Foundry Financial Group Inc. Invests $4.55 Million in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Foundry Financial Group Inc. purchased a new position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 60,587 shares of the company’s stock, valued at approximately $4,553,000. JPMorgan Active Growth ETF comprises approximately 3.1% of Foundry Financial Group Inc.’s holdings, making the stock its 13th biggest holding. Foundry Financial Group Inc. owned about 0.27% of JPMorgan Active Growth ETF as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of JGRO. LPL Financial LLC increased its position in shares of JPMorgan Active Growth ETF by 67.2% during the second quarter. LPL Financial LLC now owns 2,150,369 shares of the company’s stock valued at $161,600,000 after purchasing an additional 863,987 shares during the period. Captrust Financial Advisors increased its position in shares of JPMorgan Active Growth ETF by 13.5% during the first quarter. Captrust Financial Advisors now owns 1,584,813 shares of the company’s stock valued at $111,270,000 after purchasing an additional 187,922 shares during the period. Commonwealth Equity Services LLC increased its position in shares of JPMorgan Active Growth ETF by 46.5% during the second quarter. Commonwealth Equity Services LLC now owns 1,057,564 shares of the company’s stock valued at $79,476,000 after purchasing an additional 335,833 shares during the period. CWM LLC grew its position in JPMorgan Active Growth ETF by 6.3% in the second quarter. CWM LLC now owns 834,910 shares of the company’s stock valued at $62,743,000 after acquiring an additional 49,361 shares during the period. Finally, Strategic Financial Concepts LLC grew its position in JPMorgan Active Growth ETF by 21,408.9% in the second quarter. Strategic Financial Concepts LLC now owns 730,656 shares of the company’s stock valued at $549,000 after acquiring an additional 727,259 shares during the period.

JPMorgan Active Growth ETF Price Performance

Shares of NYSEARCA:JGRO opened at $75.07 on Monday. The business’s fifty day moving average price is $73.57 and its two-hundred day moving average price is $71.84. JPMorgan Active Growth ETF has a fifty-two week low of $51.21 and a fifty-two week high of $78.28. The stock has a market capitalization of $1.70 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33.

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.