JPMorgan Active Growth ETF (NYSEARCA:JGRO) Shares Sold by Westside Investment Management Inc.

Westside Investment Management Inc. reduced its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 3,627 shares of the company’s stock after selling 192 shares during the quarter. Westside Investment Management Inc.’s holdings in JPMorgan Active Growth ETF were worth $294,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in JGRO. Renaissance Technologies LLC acquired a new position in JPMorgan Active Growth ETF during the second quarter worth $1,082,000. Benjamin F. Edwards & Company Inc. acquired a new position in JPMorgan Active Growth ETF during the 2nd quarter worth about $126,000. NewEdge Advisors LLC boosted its holdings in JPMorgan Active Growth ETF by 34.1% during the 2nd quarter. NewEdge Advisors LLC now owns 16,700 shares of the company’s stock valued at $1,255,000 after acquiring an additional 4,245 shares during the period. B. Riley Wealth Advisors Inc. acquired a new position in JPMorgan Active Growth ETF in the 2nd quarter valued at about $225,000. Finally, Cetera Investment Advisers increased its stake in JPMorgan Active Growth ETF by 115.7% during the second quarter. Cetera Investment Advisers now owns 78,144 shares of the company’s stock worth $5,873,000 after purchasing an additional 41,909 shares during the period.

JPMorgan Active Growth ETF Stock Performance

NYSEARCA JGRO opened at $84.84 on Wednesday. The firm has a market cap of $1.92 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The firm has a 50 day simple moving average of $82.17 and a 200-day simple moving average of $77.86. JPMorgan Active Growth ETF has a one year low of $63.07 and a one year high of $84.87.

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.