Farther Finance Advisors LLC Sells 3,333 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Farther Finance Advisors LLC reduced its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 51.8% in the 4th quarter, Holdings Channel reports. The firm owned 3,098 shares of the company’s stock after selling 3,333 shares during the quarter. Farther Finance Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $251,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Sound Income Strategies LLC lifted its position in JPMorgan Active Growth ETF by 537.7% in the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after purchasing an additional 285 shares during the period. Thurston Springer Miller Herd & Titak Inc. bought a new position in JPMorgan Active Growth ETF in the fourth quarter worth $29,000. Assetmark Inc. bought a new position in shares of JPMorgan Active Growth ETF during the fourth quarter valued at $49,000. Allworth Financial LP boosted its stake in shares of JPMorgan Active Growth ETF by 12.0% in the 4th quarter. Allworth Financial LP now owns 1,118 shares of the company’s stock valued at $95,000 after purchasing an additional 120 shares in the last quarter. Finally, Empirical Asset Management LLC acquired a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter valued at $210,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA:JGRO opened at $74.23 on Wednesday. JPMorgan Active Growth ETF has a 52 week low of $65.31 and a 52 week high of $85.56. The company’s fifty day moving average is $81.28 and its 200-day moving average is $79.94. The company has a market capitalization of $4.63 billion, a PE ratio of 31.64 and a beta of 1.06.

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.