96,883 Shares in JPMorgan Active Growth ETF $JGRO Acquired by Penobscot Wealth Management

Penobscot Wealth Management acquired a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 96,883 shares of the company’s stock, valued at approximately $9,083,000. JPMorgan Active Growth ETF makes up 2.9% of Penobscot Wealth Management’s investment portfolio, making the stock its 7th largest position.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. MAI Capital Management purchased a new position in JPMorgan Active Growth ETF in the 3rd quarter valued at about $25,000. GAMMA Investing LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth about $28,000. Balentine LLC acquired a new position in shares of JPMorgan Active Growth ETF in the third quarter valued at approximately $29,000. Total Investment Management Inc. acquired a new position in shares of JPMorgan Active Growth ETF in the second quarter valued at approximately $30,000. Finally, Wilmington Savings Fund Society FSB purchased a new position in shares of JPMorgan Active Growth ETF during the third quarter valued at approximately $40,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA JGRO opened at $87.03 on Wednesday. JPMorgan Active Growth ETF has a 1 year low of $63.33 and a 1 year high of $97.91. The firm’s 50 day moving average price is $89.92 and its 200 day moving average price is $92.09. The firm has a market cap of $8.13 billion, a P/E ratio of 35.50 and a beta of 1.09.

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.