Ignite Planners LLC Invests $242,000 in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Ignite Planners LLC acquired a new position in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 3,121 shares of the company’s stock, valued at approximately $242,000.

Several other hedge funds have also recently bought and sold shares of the business. Captrust Financial Advisors lifted its stake in shares of JPMorgan Active Growth ETF by 13.5% in the first quarter. Captrust Financial Advisors now owns 1,584,813 shares of the company’s stock worth $111,270,000 after buying an additional 187,922 shares during the last quarter. CWM LLC lifted its position in JPMorgan Active Growth ETF by 6.3% during the 2nd quarter. CWM LLC now owns 834,910 shares of the company’s stock worth $62,743,000 after acquiring an additional 49,361 shares during the last quarter. Commonwealth Equity Services LLC boosted its holdings in JPMorgan Active Growth ETF by 3.5% during the first quarter. Commonwealth Equity Services LLC now owns 721,731 shares of the company’s stock valued at $50,673,000 after acquiring an additional 24,441 shares during the period. Janney Montgomery Scott LLC grew its position in shares of JPMorgan Active Growth ETF by 17.3% in the first quarter. Janney Montgomery Scott LLC now owns 589,836 shares of the company’s stock valued at $41,412,000 after purchasing an additional 86,913 shares during the last quarter. Finally, Beaumont Financial Advisors LLC increased its stake in shares of JPMorgan Active Growth ETF by 17.0% in the first quarter. Beaumont Financial Advisors LLC now owns 585,528 shares of the company’s stock worth $41,110,000 after purchasing an additional 85,212 shares during the period.

JPMorgan Active Growth ETF Stock Up 0.8 %

Shares of JGRO stock traded up $0.56 during trading hours on Friday, reaching $70.82. 275,093 shares of the company’s stock were exchanged, compared to its average volume of 214,484. JPMorgan Active Growth ETF has a fifty-two week low of $51.21 and a fifty-two week high of $78.28. The business has a fifty day moving average price of $73.97 and a 200-day moving average price of $70.51. The stock has a market capitalization of $1.60 billion, a P/E ratio of 39.06 and a beta of 1.33.

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.