Echo Wealth Management LLC Raises Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Echo Wealth Management LLC boosted its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 5.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 36,147 shares of the company’s stock after buying an additional 1,825 shares during the quarter. JPMorgan Active Growth ETF accounts for about 2.0% of Echo Wealth Management LLC’s portfolio, making the stock its 15th largest holding. Echo Wealth Management LLC owned about 0.16% of JPMorgan Active Growth ETF worth $2,818,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. LPL Financial LLC lifted its position in 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. Strategic Financial Concepts LLC boosted its position in JPMorgan Active Growth ETF by 21,408.9% in the 2nd quarter. Strategic Financial Concepts LLC now owns 730,656 shares of the company’s stock worth $549,000 after purchasing an additional 727,259 shares in the last quarter. American Trust purchased a new position in shares of JPMorgan Active Growth ETF during the 2nd quarter valued at approximately $52,259,000. Commonwealth Equity Services LLC lifted its stake in shares of JPMorgan Active Growth ETF by 46.5% in the 2nd 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. Finally, Avior Wealth Management LLC boosted its holdings in JPMorgan Active Growth ETF by 94.1% during the first quarter. Avior Wealth Management LLC now owns 424,129 shares of the company’s stock worth $29,778,000 after buying an additional 205,607 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

JGRO opened at $78.85 on Monday. The company has a fifty day moving average of $75.38 and a two-hundred day moving average of $73.11. The stock has a market capitalization of $1.78 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a fifty-two week low of $51.21 and a fifty-two week high of $79.12.

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.