JPMorgan Active Growth ETF $JGRO Position Decreased by Centerpoint Advisory Group

Centerpoint Advisory Group cut its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 9.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 58,242 shares of the company’s stock after selling 5,997 shares during the period. JPMorgan Active Growth ETF comprises approximately 4.2% of Centerpoint Advisory Group’s portfolio, making the stock its 5th biggest holding. Centerpoint Advisory Group owned about 0.07% of JPMorgan Active Growth ETF worth $5,460,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of JGRO. JPMorgan Chase & Co. grew its stake in JPMorgan Active Growth ETF by 8.9% in the 2nd quarter. JPMorgan Chase & Co. now owns 9,351,704 shares of the company’s stock valued at $804,901,000 after purchasing an additional 766,315 shares during the period. Captrust Financial Advisors boosted its position in JPMorgan Active Growth ETF by 7.8% during the second quarter. Captrust Financial Advisors now owns 3,634,474 shares of the company’s stock worth $312,819,000 after purchasing an additional 262,875 shares during the period. Bank of America Corp DE increased its holdings in shares of JPMorgan Active Growth ETF by 9.5% in the second quarter. Bank of America Corp DE now owns 1,610,252 shares of the company’s stock worth $138,594,000 after purchasing an additional 140,188 shares during the period. Raymond James Financial Inc. lifted its holdings in shares of JPMorgan Active Growth ETF by 3.1% during the 2nd quarter. Raymond James Financial Inc. now owns 1,534,344 shares of the company’s stock worth $132,061,000 after acquiring an additional 45,507 shares during the last quarter. Finally, CWM LLC grew its position in JPMorgan Active Growth ETF by 3.5% during the third quarter. CWM LLC now owns 1,484,745 shares of the company’s stock valued at $139,195,000 after acquiring an additional 50,038 shares during the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JPMorgan Active Growth ETF stock opened at $91.27 on Friday. The company’s 50 day moving average price is $93.09 and its 200-day moving average price is $91.99. JPMorgan Active Growth ETF has a 52-week low of $63.33 and a 52-week high of $97.91. The stock has a market capitalization 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.