JPMorgan Active Growth ETF $JGRO Position Increased by Formidable Asset Management LLC

Formidable Asset Management LLC raised its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 18.3% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 60,527 shares of the company’s stock after buying an additional 9,342 shares during the period. JPMorgan Active Growth ETF makes up about 0.8% of Formidable Asset Management LLC’s investment portfolio, making the stock its 27th largest holding. Formidable Asset Management LLC owned approximately 0.07% of JPMorgan Active Growth ETF worth $5,210,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. GAMMA Investing LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter valued at $28,000. Total Investment Management Inc. acquired a new stake in JPMorgan Active Growth ETF during the 2nd quarter worth about $30,000. Wilmington Savings Fund Society FSB purchased a new stake in JPMorgan Active Growth ETF during the third quarter valued at about $40,000. Steigerwald Gordon & Koch Inc. purchased a new stake in JPMorgan Active Growth ETF during the third quarter valued at about $59,000. Finally, Opal Wealth Advisors LLC boosted its holdings in shares of JPMorgan Active Growth ETF by 29.0% in the second quarter. Opal Wealth Advisors LLC now owns 733 shares of the company’s stock worth $63,000 after buying an additional 165 shares during the period.

JPMorgan Active Growth ETF Price Performance

JPMorgan Active Growth ETF stock opened at $92.41 on Monday. JPMorgan Active Growth ETF has a fifty-two week low of $63.33 and a fifty-two week high of $97.91. The firm’s 50 day simple moving average is $93.19 and its 200-day simple moving average is $91.69. The company has a market cap of $8.52 billion, a P/E ratio of 35.50 and a beta of 1.09.

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.