Frontier Asset Management LLC Purchases 34,071 Shares of JPMorgan Active Growth ETF $JGRO

Frontier Asset Management LLC grew its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 10.5% in the first quarter, Holdings Channel reports. The institutional investor owned 357,252 shares of the company’s stock after buying an additional 34,071 shares during the period. JPMorgan Active Growth ETF accounts for 6.3% of Frontier Asset Management LLC’s holdings, making the stock its 3rd biggest holding. Frontier Asset Management LLC’s holdings in JPMorgan Active Growth ETF were worth $30,195,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in JGRO. JPMorgan Chase & Co. increased its stake 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 acquiring an additional 2,472,865 shares during the period. LPL Financial LLC boosted its holdings in JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after purchasing an additional 884,710 shares in the last quarter. Captrust Financial Advisors boosted its holdings in JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock valued at $363,520,000 after purchasing an additional 186,762 shares in the last quarter. Raymond James Financial Inc. increased its position in 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 worth $214,050,000 after purchasing an additional 387,862 shares during the period. Finally, Bank of America Corp DE raised its stake in shares of JPMorgan Active Growth ETF by 16.0% during the 3rd quarter. Bank of America Corp DE now owns 1,868,263 shares of the company’s stock worth $175,150,000 after buying an additional 258,011 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

JGRO opened at $92.66 on Friday. The business has a 50 day simple moving average of $96.49 and a 200-day simple moving average of $92.22. The stock has a market capitalization of $9.44 billion, a P/E ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 12 month low of $81.16 and a 12 month high of $99.73.

JPMorgan Active Growth ETF 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.