JPMorgan Active Growth ETF $JGRO Holdings Boosted by DAVENPORT & Co LLC

DAVENPORT & Co LLC boosted its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 12.4% during the 2nd quarter, HoldingsChannel reports. The firm owned 4,276 shares of the company’s stock after buying an additional 471 shares during the quarter. DAVENPORT & Co LLC’s holdings in JPMorgan Active Growth ETF were worth $368,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JGRO. Ameriprise Financial Inc. grew its position in JPMorgan Active Growth ETF by 23.9% during the 1st quarter. Ameriprise Financial Inc. now owns 4,302,088 shares of the company’s stock worth $317,441,000 after purchasing an additional 829,024 shares in the last quarter. LPL Financial LLC grew its position in JPMorgan Active Growth ETF by 21.1% during the 1st quarter. LPL Financial LLC now owns 4,413,268 shares of the company’s stock worth $325,655,000 after purchasing an additional 769,365 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in JPMorgan Active Growth ETF during the 1st quarter worth approximately $37,239,000. Jones Financial Companies Lllp grew its position in JPMorgan Active Growth ETF by 91.3% during the 1st quarter. Jones Financial Companies Lllp now owns 944,747 shares of the company’s stock worth $69,628,000 after purchasing an additional 450,998 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC grew its position in JPMorgan Active Growth ETF by 140.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 754,876 shares of the company’s stock worth $65,282,000 after purchasing an additional 440,460 shares in the last quarter.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA JGRO opened at $91.69 on Monday. JPMorgan Active Growth ETF has a twelve month low of $63.33 and a twelve month high of $95.16. The stock has a market cap of $7.56 billion, a price-to-earnings ratio of 35.50 and a beta of -1.23. The firm’s 50 day moving average price is $91.10 and its two-hundred day moving average price is $83.75.

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.