Ascentis Independent Advisors Makes New $2.38 Million Investment in JPMorgan Active Growth ETF $JGRO

Ascentis Independent Advisors purchased a new stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 28,096 shares of the company’s stock, valued at approximately $2,375,000.

Other institutional investors have also recently made changes to their positions in the company. Echo Wealth Management LLC boosted its stake in shares of JPMorgan Active Growth ETF by 37.2% during the 4th quarter. Echo Wealth Management LLC now owns 66,977 shares of the company’s stock worth $6,215,000 after acquiring an additional 18,168 shares during the last quarter. Arwa LLC purchased a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter worth $1,147,000. Steph & Co. raised its holdings in JPMorgan Active Growth ETF by 4.0% in the 1st quarter. Steph & Co. now owns 517,947 shares of the company’s stock worth $43,777,000 after purchasing an additional 19,759 shares during the period. 5T Wealth LLC raised its holdings in JPMorgan Active Growth ETF by 26.4% in the 4th quarter. 5T Wealth LLC now owns 38,210 shares of the company’s stock worth $3,546,000 after purchasing an additional 7,986 shares during the period. Finally, Sequoia Financial Advisors LLC purchased a new position in JPMorgan Active Growth ETF during the fourth quarter valued at $31,059,000.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA:JGRO opened at $96.47 on Tuesday. The stock has a 50-day simple moving average of $96.34 and a two-hundred day simple moving average of $92.08. The firm has a market capitalization of $9.77 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 52-week low of $81.16 and a 52-week high of $99.73.

JPMorgan Active Growth ETF 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.