Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO – Get Free Report) reached a new 52-week high on Friday . The company traded as high as $85.67 and last traded at $85.60, with a volume of 106720 shares changing hands. The stock had previously closed at $85.00.
JPMorgan Active Growth ETF Price Performance
The firm has a 50-day simple moving average of $79.55 and a 200-day simple moving average of $79.31. The firm has a market capitalization of $6.30 billion, a PE ratio of 31.38 and a beta of -1.23.
Hedge Funds Weigh In On JPMorgan Active Growth ETF
Several institutional investors have recently made changes to their positions in JGRO. JPMorgan Chase & Co. lifted its position in JPMorgan Active Growth ETF by 523.0% during the fourth quarter. JPMorgan Chase & Co. now owns 8,538,002 shares of the company’s stock valued at $691,834,000 after purchasing an additional 7,167,508 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of JPMorgan Active Growth ETF by 84.6% in the fourth quarter. Ameriprise Financial Inc. now owns 3,473,064 shares of the company’s stock worth $281,341,000 after buying an additional 1,591,923 shares during the period. Raymond James Financial Inc. bought a new position in shares of JPMorgan Active Growth ETF in the fourth quarter worth about $90,339,000. LPL Financial LLC lifted its position in shares of JPMorgan Active Growth ETF by 43.2% during the 4th quarter. LPL Financial LLC now owns 3,643,903 shares of the company’s stock valued at $295,265,000 after buying an additional 1,099,313 shares in the last quarter. Finally, Focus Partners Wealth bought a new position in shares of JPMorgan Active Growth ETF during the 4th quarter valued at approximately $44,740,000.
About JPMorgan Active Growth ETF
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.
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