Short Interest in JPMorgan Active Growth ETF (NYSEARCA:JGRO) Rises By 428.1%

JPMorgan Active Growth ETF (NYSEARCA:JGRO) was the recipient of a significant growth in short interest in March. As of March 31st, there was short interest totaling 372,427 shares, a growth of 428.1% from the March 15th total of 70,524 shares. Currently, 0.4% of the shares of the stock are short sold. Based on an average trading volume of 606,053 shares, the days-to-cover ratio is presently 0.6 days.

Institutional Investors Weigh In On JPMorgan Active Growth ETF

Several hedge funds and other institutional investors have recently made changes to their positions in the business. O Shaughnessy Asset Management LLC increased its position in shares of JPMorgan Active Growth ETF by 59.5% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 303 shares of the company’s stock valued at $28,000 after purchasing an additional 113 shares during the last quarter. Cobblestone Asset Management LLC grew its stake in shares of JPMorgan Active Growth ETF by 1.2% during the 3rd quarter. Cobblestone Asset Management LLC now owns 11,151 shares of the company’s stock valued at $1,045,000 after acquiring an additional 132 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of JPMorgan Active Growth ETF by 5.0% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 3,130 shares of the company’s stock valued at $290,000 after acquiring an additional 148 shares during the period. John W. Brooker & Co. CPAs grew its stake in shares of JPMorgan Active Growth ETF by 0.9% during the 3rd quarter. John W. Brooker & Co. CPAs now owns 17,560 shares of the company’s stock valued at $1,646,000 after acquiring an additional 150 shares during the period. Finally, Wedbush Securities Inc. grew its stake in shares of JPMorgan Active Growth ETF by 2.5% during the 3rd quarter. Wedbush Securities Inc. now owns 6,215 shares of the company’s stock valued at $583,000 after acquiring an additional 152 shares during the period.

JPMorgan Active Growth ETF Stock Performance

JGRO stock opened at $88.61 on Monday. JPMorgan Active Growth ETF has a one year low of $67.63 and a one year high of $97.91. The company has a market capitalization of $8.66 billion, a PE ratio of 35.50 and a beta of 1.10. The company’s 50 day moving average price is $87.39 and its two-hundred day moving average price is $91.29.

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.