Allegheny Financial Group Has $14.56 Million Stake in JPMorgan Active Growth ETF $JGRO

Allegheny Financial Group raised its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 68.3% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 172,227 shares of the company’s stock after buying an additional 69,899 shares during the quarter. JPMorgan Active Growth ETF comprises about 2.0% of Allegheny Financial Group’s portfolio, making the stock its 14th largest position. Allegheny Financial Group’s holdings in JPMorgan Active Growth ETF were worth $14,557,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in shares of JPMorgan Active Growth ETF by 23.6% during the 4th 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 in the last quarter. LPL Financial LLC raised its position 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 valued at $642,420,000 after purchasing an additional 884,710 shares in the last quarter. Ameriprise Financial Inc. raised its position in JPMorgan Active Growth ETF by 1.9% during the third quarter. Ameriprise Financial Inc. now owns 4,222,813 shares of the company’s stock valued at $395,801,000 after purchasing an additional 77,857 shares in the last quarter. Captrust Financial Advisors lifted its stake in JPMorgan Active Growth ETF by 5.0% during the fourth quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock worth $363,520,000 after purchasing an additional 186,762 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in JPMorgan Active Growth ETF by 20.2% during the fourth quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after purchasing an additional 387,862 shares during the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO stock opened at $97.56 on Monday. The stock’s fifty day moving average price is $95.36 and its two-hundred day moving average price is $91.94. The company has a market cap of $9.78 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a fifty-two week low of $81.16 and a fifty-two 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.