Sterling Financial Group Inc. Sells 7,729 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Sterling Financial Group Inc. cut its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 342,684 shares of the company’s stock after selling 7,729 shares during the period. JPMorgan Active Growth ETF makes up approximately 10.3% of Sterling Financial Group Inc.’s investment portfolio, making the stock its 2nd largest holding. Sterling Financial Group Inc.’s holdings in JPMorgan Active Growth ETF were worth $27,768,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Thurston Springer Miller Herd & Titak Inc. bought a new position in JPMorgan Active Growth ETF during the 4th quarter worth approximately $29,000. Aptus Capital Advisors LLC boosted its position in shares of JPMorgan Active Growth ETF by 34.7% during the third quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock worth $51,000 after purchasing an additional 172 shares in the last quarter. Benjamin F. Edwards & Company Inc. acquired a new position in shares of JPMorgan Active Growth ETF in the 2nd quarter valued at $126,000. Empirical Asset Management LLC bought a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter valued at $210,000. Finally, Summit Wealth & Retirement Planning Inc. acquired a new stake in JPMorgan Active Growth ETF during the 3rd quarter worth $201,000.

JPMorgan Active Growth ETF Trading Down 0.4 %

NYSEARCA:JGRO opened at $81.96 on Friday. JPMorgan Active Growth ETF has a 1 year low of $60.79 and a 1 year high of $84.87. The stock has a 50-day moving average price of $82.08 and a two-hundred day moving average price of $77.70. The stock has a market cap of $1.85 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33.

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.