Cambridge Advisors Inc. Grows Stake in JPMorgan Active Growth ETF $JGRO

Cambridge Advisors Inc. increased its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 33.2% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 24,812 shares of the company’s stock after purchasing an additional 6,191 shares during the quarter. Cambridge Advisors Inc.’s holdings in JPMorgan Active Growth ETF were worth $2,303,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in JGRO. MAI Capital Management purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth about $25,000. Pflug Koory LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter worth about $25,000. GAMMA Investing LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth about $28,000. Balentine LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth about $29,000. Finally, Total Investment Management Inc. purchased a new stake in shares of JPMorgan Active Growth ETF during the second quarter worth about $30,000.

JPMorgan Active Growth ETF Trading Up 0.1%

NYSEARCA:JGRO opened at $85.77 on Wednesday. JPMorgan Active Growth ETF has a 12-month low of $64.90 and a 12-month high of $97.91. The stock has a 50-day moving average price of $87.60 and a 200 day moving average price of $91.40. The stock has a market capitalization of $8.33 billion, a P/E ratio of 35.50 and a beta of 1.10.

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.