Bay Colony Advisory Group Inc d b a Bay Colony Advisors Takes Position in JPMorgan Active Growth ETF $JGRO

Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) during the third quarter, HoldingsChannel reports. The institutional investor bought 19,916 shares of the company’s stock, valued at approximately $1,867,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPMorgan Chase & Co. increased its stake in JPMorgan Active Growth ETF by 8.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 9,351,704 shares of the company’s stock worth $804,901,000 after buying an additional 766,315 shares during the period. Captrust Financial Advisors increased its position in shares of JPMorgan Active Growth ETF by 7.8% during the second quarter. Captrust Financial Advisors now owns 3,634,474 shares of the company’s stock worth $312,819,000 after acquiring an additional 262,875 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of JPMorgan Active Growth ETF by 9.5% in the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock worth $138,594,000 after acquiring an additional 140,188 shares in the last quarter. Raymond James Financial Inc. boosted its holdings in JPMorgan Active Growth ETF by 3.1% in the second quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock valued at $132,061,000 after purchasing an additional 45,507 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in JPMorgan Active Growth ETF by 16.0% during the 2nd quarter. Janney Montgomery Scott LLC now owns 1,487,290 shares of the company’s stock valued at $128,011,000 after purchasing an additional 205,582 shares in the last quarter.

JPMorgan Active Growth ETF Stock Up 0.6%

JGRO stock opened at $93.32 on Friday. The stock’s 50 day moving average is $93.34 and its two-hundred day moving average is $91.32. 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 capitalization of $8.56 billion, a PE ratio of 35.50 and a beta of 1.09.

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.