Cambridge Advisors Inc. bought a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 15,670 shares of the company’s stock, valued at approximately $1,270,000.
A number of other hedge funds have also added to or reduced their stakes in JGRO. Envestnet Asset Management Inc. boosted its stake in shares of JPMorgan Active Growth ETF by 6.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 506,374 shares of the company’s stock valued at $38,054,000 after purchasing an additional 28,575 shares in the last quarter. Renaissance Technologies LLC bought a new position in JPMorgan Active Growth ETF in the second quarter worth about $1,082,000. Benjamin F. Edwards & Company Inc. purchased a new stake in JPMorgan Active Growth ETF in the second quarter worth about $126,000. NewEdge Advisors LLC lifted its holdings in JPMorgan Active Growth ETF by 34.1% in the second quarter. NewEdge Advisors LLC now owns 16,700 shares of the company’s stock worth $1,255,000 after buying an additional 4,245 shares during the period. Finally, B. Riley Wealth Advisors Inc. bought a new stake in JPMorgan Active Growth ETF during the 2nd quarter valued at approximately $225,000.
JPMorgan Active Growth ETF Stock Performance
Shares of NYSEARCA:JGRO opened at $82.82 on Friday. The firm has a market capitalization of $1.87 billion, a P/E ratio of 39.06 and a beta of 1.33. The stock has a 50 day moving average price of $82.11 and a 200-day moving average price of $77.75. JPMorgan Active Growth ETF has a 52-week low of $61.62 and a 52-week high of $84.87.
JPMorgan Active Growth ETF Company 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.
See Also
- Five stocks we like better than JPMorgan Active Growth ETF
- Best ESG Stocks: 11 Best Stocks for ESG Investing
- Earn High Dividends With 2 Top REITs Set to Perform in 2025
- Utilities Stocks Explained – How and Why to Invest in Utilities
- Oilfield Leader SLB: An AI Name You Need to Know
- How to Choose Top Rated Stocks
- Top ETFs That Beat the Market in 2024 and Could Do It Again
Want to see what other hedge funds are holding JGRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report).
Receive News & Ratings for JPMorgan Active Growth ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan Active Growth ETF and related companies with MarketBeat.com's FREE daily email newsletter.
