PNC Financial Services Group Inc. Acquires 18,419 Shares of JPMorgan Active Growth ETF $JGRO

PNC Financial Services Group Inc. grew its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.3% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 215,646 shares of the company’s stock after purchasing an additional 18,419 shares during the period. PNC Financial Services Group Inc.’s holdings in JPMorgan Active Growth ETF were worth $18,226,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Echo Wealth Management LLC increased its stake in JPMorgan Active Growth ETF by 37.2% in the 4th quarter. Echo Wealth Management LLC now owns 66,977 shares of the company’s stock worth $6,215,000 after buying an additional 18,168 shares during the period. Arwa LLC bought a new stake in JPMorgan Active Growth ETF during the 4th quarter valued at about $1,147,000. Sequoia Financial Advisors LLC purchased a new stake in JPMorgan Active Growth ETF in the 4th quarter valued at about $31,059,000. 5T Wealth LLC boosted its position 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 valued at $3,546,000 after buying an additional 7,986 shares during the period. Finally, Steph & Co. grew its stake 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 acquiring an additional 19,759 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA:JGRO opened at $92.02 on Friday. The firm has a market cap of $9.39 billion, a PE ratio of 35.50 and a beta of 1.09. The firm’s 50 day simple moving average is $96.08 and its 200-day simple moving average is $92.23. JPMorgan Active Growth ETF has a one year low of $81.16 and a one year 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.