Janney Montgomery Scott LLC Cuts Position in JPMorgan Active Growth ETF $JGRO

Janney Montgomery Scott LLC lessened its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 2.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,558,376 shares of the company’s stock after selling 32,241 shares during the quarter. Janney Montgomery Scott LLC owned 1.59% of JPMorgan Active Growth ETF worth $131,714,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also added to or reduced their stakes in JGRO. JPMorgan Chase & Co. lifted its stake in JPMorgan Active Growth ETF by 23.6% during the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock worth $1,201,081,000 after purchasing an additional 2,472,865 shares during the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan Active Growth ETF by 14.7% during the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after buying an additional 884,710 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in shares of JPMorgan Active Growth ETF by 1.9% during the 3rd quarter. Ameriprise Financial Inc. now owns 4,222,813 shares of the company’s stock valued at $395,801,000 after buying an additional 77,857 shares in the last quarter. Captrust Financial Advisors lifted its position in JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock worth $363,520,000 after buying an additional 186,762 shares during the last quarter. Finally, Raymond James Financial Inc. boosted its stake in JPMorgan Active Growth ETF by 20.2% in the fourth quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after buying an additional 387,862 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

Shares of NYSEARCA JGRO opened at $94.05 on Friday. The stock has a market capitalization of $9.43 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a one year low of $81.16 and a one year high of $99.73. The firm’s 50 day simple moving average is $95.89 and its two-hundred day simple moving average is $91.99.

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.