Ameriprise Financial Inc. Purchases 77,857 Shares of JPMorgan Active Growth ETF $JGRO

Ameriprise Financial Inc. increased its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 1.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 4,222,813 shares of the company’s stock after acquiring an additional 77,857 shares during the quarter. Ameriprise Financial Inc. owned about 5.04% of JPMorgan Active Growth ETF worth $395,801,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Creative Planning increased its stake in shares of JPMorgan Active Growth ETF by 76.2% in the third quarter. Creative Planning now owns 5,383 shares of the company’s stock worth $505,000 after purchasing an additional 2,328 shares in the last quarter. Raymond James Financial Inc. grew its stake in JPMorgan Active Growth ETF by 25.1% in the 3rd quarter. Raymond James Financial Inc. now owns 1,918,707 shares of the company’s stock valued at $179,879,000 after buying an additional 384,363 shares in the last quarter. Equitable Holdings Inc. raised its holdings in JPMorgan Active Growth ETF by 14.4% during the 3rd quarter. Equitable Holdings Inc. now owns 45,499 shares of the company’s stock valued at $4,266,000 after acquiring an additional 5,729 shares during the period. Wayfinding Financial LLC raised its holdings in JPMorgan Active Growth ETF by 4.4% during the 3rd quarter. Wayfinding Financial LLC now owns 15,810 shares of the company’s stock valued at $1,482,000 after acquiring an additional 667 shares during the period. Finally, Olde Wealth Management LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth $221,000.

JPMorgan Active Growth ETF Price Performance

NYSEARCA:JGRO opened at $86.82 on Tuesday. JPMorgan Active Growth ETF has a 1 year low of $63.33 and a 1 year high of $97.91. The stock’s fifty day moving average price is $90.05 and its two-hundred day moving average price is $92.11. The company has a market cap of $8.11 billion, a P/E ratio of 35.50 and a beta of 1.09.

JPMorgan Active Growth ETF Company 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.