Short Interest in JPMorgan Active Growth ETF (NYSEARCA:JGRO) Decreases By 34.2%

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the recipient of a significant decrease in short interest during the month of August. As of August 14th, there was short interest totaling 89,953 shares, a decrease of 34.2% from the July 30th total of 136,626 shares. Currently, 0.1% of the shares of the company are sold short. Based on an average daily trading volume, of 632,203 shares, the short-interest ratio is currently 0.1 days.

Institutional Trading of JPMorgan Active Growth ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. JPMorgan Chase & Co. raised its holdings in shares of 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 grew its position 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 purchasing an additional 884,710 shares during the period. Captrust Financial Advisors grew its position 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 worth $363,520,000 after purchasing an additional 186,762 shares during the period. Raymond James Financial Inc. raised its stake in shares of 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 buying an additional 387,862 shares during the last quarter. Finally, Bank of America Corp DE raised its stake in shares of JPMorgan Active Growth ETF by 14.0% during the 1st quarter. Bank of America Corp DE now owns 2,231,576 shares of the company’s stock valued at $188,613,000 after buying an additional 274,085 shares during the last quarter.

JPMorgan Active Growth ETF Trading Up 0.4%

Shares of NYSEARCA:JGRO opened at $93.48 on Thursday. JPMorgan Active Growth ETF has a twelve month low of $81.16 and a twelve month high of $99.73. The company has a market cap of $9.77 billion, a PE ratio of 35.50 and a beta of 1.10. The company’s 50 day moving average is $94.53 and its 200 day moving average is $92.73.

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.