Steph & Co. Acquires 19,675 Shares of JPMorgan Active Growth ETF $JGRO

Steph & Co. grew its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 4.1% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 498,188 shares of the company’s stock after purchasing an additional 19,675 shares during the quarter. JPMorgan Active Growth ETF comprises 13.3% of Steph & Co.’s portfolio, making the stock its 3rd biggest holding. Steph & Co. owned approximately 0.54% of JPMorgan Active Growth ETF worth $46,232,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. MAI Capital Management acquired a new stake in shares of JPMorgan Active Growth ETF in the third quarter valued at about $25,000. Pflug Koory LLC acquired a new stake in shares of JPMorgan Active Growth ETF in the fourth quarter valued at about $25,000. GAMMA Investing LLC acquired a new stake in shares of JPMorgan Active Growth ETF in the third quarter valued at about $28,000. Balentine LLC acquired a new stake in shares of JPMorgan Active Growth ETF in the third quarter valued at about $29,000. Finally, Total Investment Management Inc. acquired a new stake in shares of JPMorgan Active Growth ETF in the second quarter valued at about $30,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA:JGRO opened at $89.46 on Tuesday. The company has a market cap of $8.75 billion, a P/E ratio of 35.50 and a beta of 1.10. The stock’s 50-day moving average is $87.35 and its 200-day moving average is $91.27. JPMorgan Active Growth ETF has a 52-week low of $67.63 and a 52-week high of $97.91.

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.