Founders Financial Alliance LLC Buys 5,514 Shares of JPMorgan Active Growth ETF $JGRO

Founders Financial Alliance LLC increased its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 64,398 shares of the company’s stock after acquiring an additional 5,514 shares during the quarter. JPMorgan Active Growth ETF comprises approximately 1.1% of Founders Financial Alliance LLC’s holdings, making the stock its 18th largest holding. Founders Financial Alliance LLC owned 0.07% of JPMorgan Active Growth ETF worth $5,976,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of JGRO. JPMorgan Chase & Co. increased its position in JPMorgan Active Growth ETF by 23.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock worth $1,201,081,000 after acquiring an additional 2,472,865 shares during the period. LPL Financial LLC boosted its stake in JPMorgan Active Growth ETF by 14.7% during the fourth quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock worth $642,420,000 after buying an additional 884,710 shares in the last quarter. Citadel Advisors LLC boosted its stake in JPMorgan Active Growth ETF by 2,198.7% during the third quarter. Citadel Advisors LLC now owns 614,156 shares of the company’s stock worth $57,577,000 after buying an additional 587,439 shares in the last quarter. Raymond James Financial Inc. boosted its stake in JPMorgan Active Growth ETF by 25.1% during the third quarter. Raymond James Financial Inc. now owns 1,918,707 shares of the company’s stock worth $179,879,000 after buying an additional 384,363 shares in the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in JPMorgan Active Growth ETF during the fourth quarter worth $31,059,000.

JPMorgan Active Growth ETF Price Performance

JGRO opened at $95.07 on Friday. JPMorgan Active Growth ETF has a fifty-two week low of $81.16 and a fifty-two week high of $99.73. The firm’s fifty day moving average price is $94.06 and its two-hundred day moving average price is $91.79. The company has a market capitalization of $9.53 billion, a P/E 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.