JPMorgan Active Growth ETF $JGRO Holdings Trimmed by Echo Wealth Management LLC

Echo Wealth Management LLC trimmed its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 15.4% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 56,694 shares of the company’s stock after selling 10,283 shares during the period. JPMorgan Active Growth ETF comprises 2.8% of Echo Wealth Management LLC’s investment portfolio, making the stock its 10th biggest position. Echo Wealth Management LLC’s holdings in JPMorgan Active Growth ETF were worth $4,792,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in JGRO. O Shaughnessy Asset Management LLC lifted its position in shares of JPMorgan Active Growth ETF by 59.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock worth $28,000 after buying an additional 113 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of JPMorgan Active Growth ETF by 5.0% in the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock valued at $290,000 after acquiring an additional 148 shares in the last quarter. GeoWealth Management LLC grew 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 acquiring an additional 154 shares in the last quarter. World Investment Advisors increased its position in shares of JPMorgan Active Growth ETF by 4.1% during the fourth quarter. World Investment Advisors now owns 4,274 shares of the company’s stock valued at $372,000 after acquiring an additional 169 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of JPMorgan Active Growth ETF by 1.5% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 12,247 shares of the company’s stock valued at $1,137,000 after acquiring an additional 183 shares during the last quarter.

JPMorgan Active Growth ETF Trading Down 1.0%

Shares of JPMorgan Active Growth ETF stock opened at $94.05 on Friday. The business’s fifty day simple moving average is $95.89 and its 200 day simple moving average is $91.99. The firm has a market capitalization of $9.43 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.

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.