LPL Financial LLC Has $295.27 Million Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

LPL Financial LLC lifted its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 43.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,643,903 shares of the company’s stock after acquiring an additional 1,099,313 shares during the period. LPL Financial LLC owned approximately 0.16% of JPMorgan Active Growth ETF worth $295,265,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in the business. Wayfinding Financial LLC bought a new position in shares of JPMorgan Active Growth ETF in the 4th quarter worth about $811,000. HUB Investment Partners LLC boosted its stake in JPMorgan Active Growth ETF by 7.0% during the 4th quarter. HUB Investment Partners LLC now owns 285,315 shares of the company’s stock valued at $23,119,000 after purchasing an additional 18,581 shares during the last quarter. Cozad Asset Management Inc. boosted its stake in JPMorgan Active Growth ETF by 114.1% during the 4th quarter. Cozad Asset Management Inc. now owns 9,067 shares of the company’s stock valued at $735,000 after purchasing an additional 4,832 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in JPMorgan Active Growth ETF by 15.6% during the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 25,556 shares of the company’s stock valued at $2,071,000 after purchasing an additional 3,453 shares during the last quarter. Finally, Kestra Advisory Services LLC boosted its stake in JPMorgan Active Growth ETF by 344.4% during the 4th quarter. Kestra Advisory Services LLC now owns 612,412 shares of the company’s stock valued at $49,624,000 after purchasing an additional 474,617 shares during the last quarter.

JPMorgan Active Growth ETF Stock Performance

JGRO stock opened at $75.52 on Monday. The company has a market capitalization of $4.71 billion, a P/E ratio of 31.64 and a beta of 1.06. JPMorgan Active Growth ETF has a 52-week low of $65.31 and a 52-week high of $85.56. The business has a 50-day simple moving average of $80.91 and a two-hundred day simple moving average of $79.99.

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.