D.A. Davidson & CO. Boosts Stock Holdings in JPMorgan Active Growth ETF $JGRO

D.A. Davidson & CO. grew its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 18.6% during the third quarter, Holdings Channel reports. The institutional investor owned 170,950 shares of the company’s stock after purchasing an additional 26,846 shares during the quarter. D.A. Davidson & CO.’s holdings in JPMorgan Active Growth ETF were worth $16,027,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC purchased a new stake in JPMorgan Active Growth ETF during the 3rd quarter valued at about $28,000. Total Investment Management Inc. bought a new stake in JPMorgan Active Growth ETF in the second quarter valued at approximately $30,000. Opal Wealth Advisors LLC boosted its stake in shares of JPMorgan Active Growth ETF by 29.0% during the second quarter. Opal Wealth Advisors LLC now owns 733 shares of the company’s stock valued at $63,000 after purchasing an additional 165 shares during the period. AE Wealth Management LLC grew its holdings in shares of JPMorgan Active Growth ETF by 240.9% in the second quarter. AE Wealth Management LLC now owns 934 shares of the company’s stock worth $80,000 after purchasing an additional 660 shares during the last quarter. Finally, Crewe Advisors LLC grew its holdings in shares of JPMorgan Active Growth ETF by 103.6% in the second quarter. Crewe Advisors LLC now owns 1,771 shares of the company’s stock worth $152,000 after purchasing an additional 901 shares during the last quarter.

JPMorgan Active Growth ETF Stock Up 0.6%

Shares of NYSEARCA JGRO opened at $93.23 on Tuesday. The firm’s fifty day moving average is $93.62 and its 200 day moving average is $91.13. JPMorgan Active Growth ETF has a 52 week low of $63.33 and a 52 week high of $97.91. The company has a market cap of $8.56 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09.

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.