Cornerstone Wealth Management LLC Grows Position in JPMorgan Active Growth ETF $JGRO

Cornerstone Wealth Management LLC grew its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 33.4% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 22,170 shares of the company’s stock after buying an additional 5,549 shares during the period. Cornerstone Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $2,078,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in JGRO. Cobblestone Asset Management LLC raised its stake in JPMorgan Active Growth ETF by 1.2% in the 3rd quarter. Cobblestone Asset Management LLC now owns 11,151 shares of the company’s stock worth $1,045,000 after acquiring an additional 132 shares during the last quarter. Ashton Thomas Private Wealth LLC raised its stake in shares of JPMorgan Active Growth ETF by 0.5% in the second quarter. Ashton Thomas Private Wealth LLC now owns 25,560 shares of the company’s stock worth $2,200,000 after purchasing an additional 134 shares during the last quarter. John W. Brooker & Co. CPAs lifted its holdings in shares of JPMorgan Active Growth ETF by 0.9% during the third quarter. John W. Brooker & Co. CPAs now owns 17,560 shares of the company’s stock worth $1,646,000 after purchasing an additional 150 shares during the period. AdvisorNet Financial Inc boosted its position in JPMorgan Active Growth ETF by 2.3% in the third quarter. AdvisorNet Financial Inc now owns 6,868 shares of the company’s stock valued at $644,000 after buying an additional 153 shares during the last quarter. Finally, Lakeridge Wealth Management LLC increased its holdings in JPMorgan Active Growth ETF by 2.1% in the 3rd quarter. Lakeridge Wealth Management LLC now owns 7,586 shares of the company’s stock worth $711,000 after buying an additional 153 shares during the period.

JPMorgan Active Growth ETF Trading Down 0.9%

Shares of NYSEARCA JGRO opened at $91.27 on Friday. JPMorgan Active Growth ETF has a 12 month low of $63.33 and a 12 month high of $97.91. The company has a 50 day simple moving average of $93.09 and a two-hundred day simple moving average of $92.03. The stock has a market cap of $8.48 billion, a price-to-earnings 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.