Farther Finance Advisors LLC Grows Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Farther Finance Advisors LLC grew its position in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 49.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,431 shares of the company’s stock after purchasing an additional 2,141 shares during the period. Farther Finance Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $494,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JGRO. Private Advisor Group LLC grew its position in JPMorgan Active Growth ETF by 159.7% in the third quarter. Private Advisor Group LLC now owns 48,472 shares of the company’s stock worth $3,727,000 after acquiring an additional 29,809 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its position in JPMorgan Active Growth ETF by 47.1% in the second quarter. Cambridge Investment Research Advisors Inc. now owns 65,783 shares of the company’s stock worth $4,944,000 after acquiring an additional 21,069 shares in the last quarter. Raymond James & Associates boosted its position in JPMorgan Active Growth ETF by 28.2% during the second quarter. Raymond James & Associates now owns 166,372 shares of the company’s stock valued at $12,503,000 after buying an additional 36,636 shares during the period. Cetera Advisors LLC boosted its position in JPMorgan Active Growth ETF by 19.0% during the first quarter. Cetera Advisors LLC now owns 5,675 shares of the company’s stock valued at $398,000 after buying an additional 907 shares during the period. Finally, Kingsview Wealth Management LLC purchased a new stake in JPMorgan Active Growth ETF during the first quarter valued at about $252,000.

JPMorgan Active Growth ETF Stock Up 2.4 %

NYSEARCA JGRO opened at $80.09 on Thursday. The company has a 50-day simple moving average of $76.32 and a two-hundred day simple moving average of $73.89. JPMorgan Active Growth ETF has a 12-month low of $55.30 and a 12-month high of $80.13. The firm has a market cap of $1.81 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33.

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.