Arlington Financial Advisors LLC Increases Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Arlington Financial Advisors LLC boosted its position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 1.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 168,478 shares of the company’s stock after purchasing an additional 1,707 shares during the quarter. JPMorgan Active Growth ETF makes up 2.7% of Arlington Financial Advisors LLC’s portfolio, making the stock its 14th biggest position. Arlington Financial Advisors LLC owned approximately 0.75% of JPMorgan Active Growth ETF worth $13,652,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Private Advisor Group LLC raised its position in shares of JPMorgan Active Growth ETF by 159.7% in the 3rd quarter. Private Advisor Group LLC now owns 48,472 shares of the company’s stock worth $3,727,000 after purchasing an additional 29,809 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Active Growth ETF in the fourth quarter worth $29,000. JPMorgan Chase & Co. lifted its holdings in shares of JPMorgan Active Growth ETF by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock valued at $105,364,000 after purchasing an additional 294,827 shares in the last quarter. Raymond James & Associates boosted its position in shares of JPMorgan Active Growth ETF by 104.8% during the third quarter. Raymond James & Associates now owns 340,728 shares of the company’s stock valued at $26,195,000 after buying an additional 174,356 shares during the last quarter. Finally, Carnegie Investment Counsel purchased a new stake in shares of JPMorgan Active Growth ETF during the fourth quarter valued at $1,347,000.

JPMorgan Active Growth ETF Stock Performance

Shares of NYSEARCA:JGRO opened at $83.57 on Friday. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The business has a 50-day simple moving average of $82.98 and a two-hundred day simple moving average of $78.53. JPMorgan Active Growth ETF has a fifty-two week low of $65.31 and a fifty-two week high of $85.56.

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.