AlphaCore Capital LLC Grows Position in JPMorgan Active Growth ETF $JGRO

AlphaCore Capital LLC grew its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 5.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 324,678 shares of the company’s stock after buying an additional 15,692 shares during the quarter. JPMorgan Active Growth ETF makes up 1.0% of AlphaCore Capital LLC’s portfolio, making the stock its 21st biggest holding. AlphaCore Capital LLC owned 0.39% of JPMorgan Active Growth ETF worth $30,439,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. JPMorgan Chase & Co. lifted its position in shares of JPMorgan Active Growth ETF by 12.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 10,469,817 shares of the company’s stock valued at $981,546,000 after buying an additional 1,118,113 shares in the last quarter. Vestmark Advisory Solutions Inc. raised its stake in JPMorgan Active Growth ETF by 162.1% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 1,100,250 shares of the company’s stock worth $94,699,000 after acquiring an additional 680,460 shares during the period. Berman McAleer LLC purchased a new position in JPMorgan Active Growth ETF during the third quarter valued at approximately $41,172,000. Jones Financial Companies Lllp boosted its position in shares of JPMorgan Active Growth ETF by 20.8% in the third quarter. Jones Financial Companies Lllp now owns 2,122,912 shares of the company’s stock worth $197,388,000 after purchasing an additional 365,746 shares during the period. Finally, Osaic Holdings Inc. boosted its position in shares of JPMorgan Active Growth ETF by 47.1% in the second quarter. Osaic Holdings Inc. now owns 850,587 shares of the company’s stock worth $73,216,000 after purchasing an additional 272,429 shares during the period.

JPMorgan Active Growth ETF Price Performance

Shares of NYSEARCA JGRO opened at $90.13 on Thursday. The stock has a market cap of $8.42 billion, a PE ratio of 35.50 and a beta of 1.09. JPMorgan Active Growth ETF has a 1 year low of $63.33 and a 1 year high of $97.91. The firm has a fifty day moving average price of $91.50 and a 200-day moving average price of $92.21.

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.