Yarger Wealth Strategies LLC Raises Stock Position in JPMorgan Active Growth ETF $JGRO

Yarger Wealth Strategies LLC raised its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.3% during the second quarter, Holdings Channel reports. The firm owned 56,783 shares of the company’s stock after buying an additional 3,382 shares during the quarter. JPMorgan Active Growth ETF makes up approximately 2.6% of Yarger Wealth Strategies LLC’s portfolio, making the stock its 13th biggest position. Yarger Wealth Strategies LLC’s holdings in JPMorgan Active Growth ETF were worth $4,887,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its position in shares of JPMorgan Active Growth ETF by 0.6% in the 1st quarter. JPMorgan Chase & Co. now owns 8,585,389 shares of the company’s stock worth $633,516,000 after buying an additional 47,387 shares during the period. LPL Financial LLC grew its position in shares of JPMorgan Active Growth ETF by 21.1% in the 1st quarter. LPL Financial LLC now owns 4,413,268 shares of the company’s stock worth $325,655,000 after buying an additional 769,365 shares during the period. Ameriprise Financial Inc. grew its position in shares of JPMorgan Active Growth ETF by 23.9% in the 1st quarter. Ameriprise Financial Inc. now owns 4,302,088 shares of the company’s stock worth $317,441,000 after buying an additional 829,024 shares during the period. Raymond James Financial Inc. grew its position in shares of JPMorgan Active Growth ETF by 33.5% in the 1st quarter. Raymond James Financial Inc. now owns 1,488,837 shares of the company’s stock worth $109,861,000 after buying an additional 373,951 shares during the period. Finally, Janney Montgomery Scott LLC grew its position in shares of JPMorgan Active Growth ETF by 16.0% in the 2nd quarter. Janney Montgomery Scott LLC now owns 1,487,290 shares of the company’s stock worth $128,011,000 after buying an additional 205,582 shares during the period.

JPMorgan Active Growth ETF Price Performance

NYSEARCA:JGRO opened at $91.69 on Monday. The firm’s 50-day moving average price is $91.10 and its 200-day moving average price is $83.75. The company has a market capitalization of $7.56 billion, a PE ratio of 35.50 and a beta of -1.23. JPMorgan Active Growth ETF has a 1-year low of $63.33 and a 1-year high of $95.16.

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.