Steph & Co. Boosts Stock Holdings in JPMorgan Active Growth ETF $JGRO

Steph & Co. boosted its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 4.0% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 517,947 shares of the company’s stock after purchasing an additional 19,759 shares during the quarter. JPMorgan Active Growth ETF makes up approximately 12.5% of Steph & Co.’s holdings, making the stock its 3rd largest position. Steph & Co.’s holdings in JPMorgan Active Growth ETF were worth $43,777,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JGRO. O Shaughnessy Asset Management LLC raised its stake in shares of JPMorgan Active Growth ETF by 59.5% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 113 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock worth $290,000 after purchasing an additional 148 shares during the last quarter. GeoWealth Management LLC increased its holdings in shares of JPMorgan Active Growth ETF by 2.7% in the fourth quarter. GeoWealth Management LLC now owns 5,897 shares of the company’s stock valued at $547,000 after buying an additional 154 shares in the last quarter. World Investment Advisors grew its holdings in shares of JPMorgan Active Growth ETF by 4.1% in the 4th quarter. World Investment Advisors now owns 4,274 shares of the company’s stock worth $372,000 after acquiring an additional 169 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in JPMorgan Active Growth ETF by 1.5% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 12,247 shares of the company’s stock worth $1,137,000 after buying an additional 183 shares during the period.

JPMorgan Active Growth ETF Stock Down 1.9%

JGRO opened at $95.12 on Wednesday. JPMorgan Active Growth ETF has a 12-month low of $81.16 and a 12-month high of $99.73. The firm has a market capitalization of $9.53 billion, a P/E ratio of 35.50 and a beta of 1.09. The stock has a fifty day moving average of $95.66 and a 200-day moving average of $91.97.

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.