Commonwealth Equity Services LLC Has $42.60 Million Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Commonwealth Equity Services LLC grew its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 130.7% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 697,290 shares of the company’s stock after buying an additional 395,070 shares during the quarter. Commonwealth Equity Services LLC owned 9.89% of JPMorgan Active Growth ETF worth $42,597,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. CWM LLC lifted its stake in JPMorgan Active Growth ETF by 10.3% during the fourth quarter. CWM LLC now owns 714,158 shares of the company’s stock worth $43,628,000 after purchasing an additional 66,946 shares during the period. LPL Financial LLC grew its position in JPMorgan Active Growth ETF by 76.4% in the third quarter. LPL Financial LLC now owns 517,280 shares of the company’s stock valued at $27,876,000 after acquiring an additional 224,051 shares during the period. Beaumont Financial Advisors LLC grew its position in JPMorgan Active Growth ETF by 33.9% in the fourth quarter. Beaumont Financial Advisors LLC now owns 500,316 shares of the company’s stock valued at $30,564,000 after acquiring an additional 126,546 shares during the period. Envestnet Asset Management Inc. raised its stake in JPMorgan Active Growth ETF by 1.3% during the third quarter. Envestnet Asset Management Inc. now owns 423,193 shares of the company’s stock worth $22,806,000 after acquiring an additional 5,330 shares in the last quarter. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of JPMorgan Active Growth ETF by 7.8% during the third quarter. Janney Montgomery Scott LLC now owns 381,154 shares of the company’s stock valued at $20,540,000 after acquiring an additional 27,711 shares during the period.

JPMorgan Active Growth ETF Price Performance

Shares of JGRO traded up $1.08 during trading hours on Friday, hitting $68.38. The stock had a trading volume of 429,563 shares, compared to its average volume of 163,120. JPMorgan Active Growth ETF has a 52 week low of $48.16 and a 52 week high of $71.30. The stock has a market capitalization of $1.43 billion, a price-to-earnings ratio of 37.72 and a beta of 1.30. The company’s fifty day moving average is $68.97 and its two-hundred day moving average is $63.30.

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.