Nwam LLC Reduces Stock Position in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Nwam LLC decreased its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 5.2% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,242 shares of the company’s stock after selling 235 shares during the quarter. Nwam LLC’s holdings in JPMorgan Active Growth ETF were worth $344,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sound Income Strategies LLC increased its stake in shares of JPMorgan Active Growth ETF by 537.7% in the 4th quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after acquiring an additional 285 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in JPMorgan Active Growth ETF during the fourth quarter worth about $29,000. Aptus Capital Advisors LLC boosted its holdings in JPMorgan Active Growth ETF by 34.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock valued at $51,000 after purchasing an additional 172 shares during the last quarter. Allworth Financial LP grew its stake in shares of JPMorgan Active Growth ETF by 12.0% in the 4th quarter. Allworth Financial LP now owns 1,118 shares of the company’s stock valued at $95,000 after buying an additional 120 shares during the period. Finally, Empirical Asset Management LLC acquired a new stake in shares of JPMorgan Active Growth ETF during the 4th quarter worth approximately $210,000.

JPMorgan Active Growth ETF Stock Performance

JGRO opened at $80.52 on Friday. The stock has a market capitalization of $4.86 billion, a PE ratio of 35.80 and a beta of 1.04. JPMorgan Active Growth ETF has a one year low of $65.31 and a one year high of $85.56. The business’s 50 day moving average price is $82.90 and its 200 day moving average price is $79.82.

JPMorgan Active Growth ETF 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.