Barnes Pettey Financial Advisors LLC Purchases New Position in JPMorgan Active Growth ETF $JGRO

Barnes Pettey Financial Advisors LLC acquired a new position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,185 shares of the company’s stock, valued at approximately $274,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Riverstone Advisors LLC bought a new stake in shares of JPMorgan Active Growth ETF in the 2nd quarter worth about $275,000. AlphaCore Capital LLC grew its stake in JPMorgan Active Growth ETF by 68.8% during the second quarter. AlphaCore Capital LLC now owns 308,986 shares of the company’s stock worth $26,594,000 after buying an additional 125,950 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of JPMorgan Active Growth ETF by 8.9% during the second quarter. JPMorgan Chase & Co. now owns 9,351,704 shares of the company’s stock worth $804,901,000 after buying an additional 766,315 shares in the last quarter. Perennial Investment Advisors LLC raised its stake in shares of JPMorgan Active Growth ETF by 15.5% in the second quarter. Perennial Investment Advisors LLC now owns 24,891 shares of the company’s stock valued at $2,142,000 after acquiring an additional 3,335 shares during the last quarter. Finally, Semus Wealth Partners LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 1.5% in the 2nd quarter. Semus Wealth Partners LLC now owns 23,269 shares of the company’s stock worth $2,003,000 after acquiring an additional 336 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

NYSEARCA JGRO opened at $89.78 on Friday. The stock’s 50 day simple moving average is $93.72 and its 200 day simple moving average is $88.31. JPMorgan Active Growth ETF has a one year low of $63.33 and a one year high of $97.91. The firm has a market cap of $7.52 billion, a PE ratio of 35.50 and a beta of 1.09.

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.