Stephens Inc. AR Acquires 6,092 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Stephens Inc. AR boosted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 19.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 38,045 shares of the company’s stock after acquiring an additional 6,092 shares during the quarter. Stephens Inc. AR’s holdings in JPMorgan Active Growth ETF were worth $3,083,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sound Income Strategies LLC grew its stake in shares of JPMorgan Active Growth ETF by 537.7% during the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock valued at $27,000 after purchasing an additional 285 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in JPMorgan Active Growth ETF during the 4th quarter worth $29,000. Aptus Capital Advisors LLC boosted its position in JPMorgan Active Growth ETF by 34.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock valued at $51,000 after buying an additional 172 shares during the last quarter. FCG Investment Co acquired a new stake in shares of JPMorgan Active Growth ETF in the 3rd quarter valued at $201,000. Finally, Summit Wealth & Retirement Planning Inc. bought a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth $201,000.

JPMorgan Active Growth ETF Stock Down 0.4 %

Shares of JGRO opened at $83.95 on Wednesday. The stock’s fifty day simple moving average is $83.02 and its 200-day simple moving average is $78.68. The firm has a market capitalization of $1.90 billion, a PE ratio of 39.06 and a beta of 1.33. JPMorgan Active Growth ETF has a 12-month low of $65.31 and a 12-month high of $85.56.

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.