Bank of New York Mellon Corp Purchases New Shares in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Bank of New York Mellon Corp acquired a new position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 504,664 shares of the company’s stock, valued at approximately $37,239,000. Bank of New York Mellon Corp owned 0.76% of JPMorgan Active Growth ETF as of its most recent SEC filing.

Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. boosted its position in JPMorgan Active Growth ETF by 523.0% in the 4th quarter. JPMorgan Chase & Co. now owns 8,538,002 shares of the company’s stock valued at $691,834,000 after buying an additional 7,167,508 shares during the period. LPL Financial LLC lifted its position in JPMorgan Active Growth ETF by 43.2% during the fourth quarter. LPL Financial LLC now owns 3,643,903 shares of the company’s stock valued at $295,265,000 after acquiring an additional 1,099,313 shares during the last quarter. Ameriprise Financial Inc. boosted its position in shares of JPMorgan Active Growth ETF by 84.6% in the 4th quarter. Ameriprise Financial Inc. now owns 3,473,064 shares of the company’s stock worth $281,341,000 after purchasing an additional 1,591,923 shares in the last quarter. Captrust Financial Advisors raised its position in shares of JPMorgan Active Growth ETF by 6.8% in the 4th quarter. Captrust Financial Advisors now owns 3,172,304 shares of the company’s stock valued at $257,051,000 after purchasing an additional 202,511 shares during the last quarter. Finally, Janney Montgomery Scott LLC lifted its stake in shares of JPMorgan Active Growth ETF by 33.7% during the first quarter. Janney Montgomery Scott LLC now owns 1,281,708 shares of the company’s stock worth $94,577,000 after buying an additional 323,282 shares during the period.

JPMorgan Active Growth ETF Stock Performance

JPMorgan Active Growth ETF stock opened at $86.27 on Tuesday. The business’s 50-day simple moving average is $82.23 and its two-hundred day simple moving average is $79.49. The company has a market cap of $6.49 billion, a PE ratio of 35.50 and a beta of -1.23. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $86.51.

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.