New Wave Wealth Advisors LLC Buys 12,581 Shares of JPMorgan Active Growth ETF $JGRO

New Wave Wealth Advisors LLC increased its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 130.2% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 22,242 shares of the company’s stock after purchasing an additional 12,581 shares during the quarter. New Wave Wealth Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $2,085,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also added to or reduced their stakes in JGRO. Cobblestone Asset Management LLC grew its position in shares of JPMorgan Active Growth ETF by 1.2% in the 3rd quarter. Cobblestone Asset Management LLC now owns 11,151 shares of the company’s stock worth $1,045,000 after buying an additional 132 shares during the period. Ashton Thomas Private Wealth LLC grew its holdings in JPMorgan Active Growth ETF by 0.5% in the second quarter. Ashton Thomas Private Wealth LLC now owns 25,560 shares of the company’s stock worth $2,200,000 after purchasing an additional 134 shares during the period. John W. Brooker & Co. CPAs lifted its holdings in shares of JPMorgan Active Growth ETF by 0.9% during the third quarter. John W. Brooker & Co. CPAs now owns 17,560 shares of the company’s stock valued at $1,646,000 after purchasing an additional 150 shares during the last quarter. AdvisorNet Financial Inc boosted its position in shares of JPMorgan Active Growth ETF by 2.3% in the 3rd quarter. AdvisorNet Financial Inc now owns 6,868 shares of the company’s stock worth $644,000 after purchasing an additional 153 shares in the last quarter. Finally, Lakeridge Wealth Management LLC grew its stake in shares of JPMorgan Active Growth ETF by 2.1% in the 3rd quarter. Lakeridge Wealth Management LLC now owns 7,586 shares of the company’s stock worth $711,000 after buying an additional 153 shares during the last quarter.

JPMorgan Active Growth ETF Trading Up 0.8%

Shares of NYSEARCA:JGRO opened at $91.38 on Friday. The stock has a fifty day simple moving average of $92.95 and a two-hundred day simple moving average of $91.74. JPMorgan Active Growth ETF has a 12-month low of $63.33 and a 12-month high of $97.91. The stock has a market capitalization of $8.45 billion, a price-to-earnings ratio of 35.50 and a beta of 1.09.

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.