Truist Financial Corp Purchases 3,872 Shares of JPMorgan Active Growth ETF $JGRO

Truist Financial Corp lifted its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 6.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 62,601 shares of the company’s stock after buying an additional 3,872 shares during the period. Truist Financial Corp owned about 0.08% of JPMorgan Active Growth ETF worth $5,388,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Atria Wealth Solutions Inc. increased its holdings in shares of JPMorgan Active Growth ETF by 16.3% in the 1st quarter. Atria Wealth Solutions Inc. now owns 26,852 shares of the company’s stock worth $1,981,000 after purchasing an additional 3,759 shares in the last quarter. Northwestern Mutual Wealth Management Co. bought a new stake in JPMorgan Active Growth ETF in the 1st quarter worth about $99,000. Rossby Financial LCC purchased a new position in JPMorgan Active Growth ETF in the 1st quarter worth about $32,000. IFP Advisors Inc lifted its stake in JPMorgan Active Growth ETF by 5.0% during the 1st quarter. IFP Advisors Inc now owns 31,612 shares of the company’s stock valued at $2,333,000 after acquiring an additional 1,517 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 8.4% during the 1st quarter. Kestra Private Wealth Services LLC now owns 37,704 shares of the company’s stock valued at $2,782,000 after acquiring an additional 2,910 shares during the last quarter.

JPMorgan Active Growth ETF Stock Down 0.5%

Shares of JGRO stock opened at $93.89 on Wednesday. The company has a 50 day moving average price of $90.73 and a 200-day moving average price of $83.34. JPMorgan Active Growth ETF has a 52 week low of $63.33 and a 52 week high of $94.71. The firm has a market capitalization of $7.72 billion, a PE ratio of 35.50 and a beta of -1.23.

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.