JPMorgan Active Growth ETF $JGRO Position Increased by Foundry Financial Group Inc.

Foundry Financial Group Inc. grew its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 16.0% during the first quarter, Holdings Channel reports. The firm owned 136,156 shares of the company’s stock after acquiring an additional 18,806 shares during the quarter. JPMorgan Active Growth ETF makes up approximately 5.7% of Foundry Financial Group Inc.’s portfolio, making the stock its 6th biggest holding. Foundry Financial Group Inc.’s holdings in JPMorgan Active Growth ETF were worth $11,508,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. JPMorgan Chase & Co. grew its stake in shares of JPMorgan Active Growth ETF by 23.6% in the fourth quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock valued at $1,201,081,000 after buying an additional 2,472,865 shares in the last quarter. LPL Financial LLC lifted its stake in 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 worth $642,420,000 after acquiring an additional 884,710 shares in the last quarter. Ameriprise Financial Inc. boosted its holdings in 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 acquiring an additional 77,857 shares during the period. Captrust Financial Advisors boosted its holdings in JPMorgan Active Growth ETF by 5.0% during the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock valued at $363,520,000 after acquiring an additional 186,762 shares during the period. Finally, Raymond James Financial Inc. boosted its holdings in JPMorgan Active Growth ETF by 20.2% during the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock valued at $214,050,000 after acquiring an additional 387,862 shares during the period.

JPMorgan Active Growth ETF Price Performance

NYSEARCA JGRO opened at $96.86 on Tuesday. The company has a market cap of $9.71 billion, a P/E ratio of 35.50 and a beta of 1.09. The stock has a 50-day moving average of $96.00 and a two-hundred day moving average of $91.98. JPMorgan Active Growth ETF has a 1-year low of $81.16 and a 1-year high of $99.73.

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.