JPMorgan Active Growth ETF $JGRO is Echo Wealth Management LLC’s 10th Largest Position

Echo Wealth Management LLC increased its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 37.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 66,977 shares of the company’s stock after purchasing an additional 18,168 shares during the period. JPMorgan Active Growth ETF makes up 3.6% of Echo Wealth Management LLC’s portfolio, making the stock its 10th largest holding. Echo Wealth Management LLC owned about 0.07% of JPMorgan Active Growth ETF worth $6,215,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. MAI Capital Management purchased a new position in shares of JPMorgan Active Growth ETF during the 3rd quarter worth about $25,000. Pflug Koory LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 4th quarter worth about $25,000. GAMMA Investing LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 3rd quarter worth about $28,000. Balentine LLC purchased a new position in shares of JPMorgan Active Growth ETF during the 3rd quarter worth about $29,000. Finally, Total Investment Management Inc. purchased a new position in shares of JPMorgan Active Growth ETF during the 2nd quarter worth about $30,000.

JPMorgan Active Growth ETF Trading Up 2.7%

JGRO stock opened at $88.11 on Thursday. JPMorgan Active Growth ETF has a 12 month low of $65.52 and a 12 month high of $97.91. The company has a 50-day moving average price of $87.51 and a 200 day moving average price of $91.38. The stock has a market cap of $8.55 billion, a PE ratio of 35.50 and a beta of 1.10.

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.