JPMorgan Active Growth ETF $JGRO Shares Sold by MLG Wealth Management DBA Pine Grove Financial Group

by · The Cerbat Gem

MLG Wealth Management DBA Pine Grove Financial Group trimmed its stake in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO – Free Report) by 14.9% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,552 shares of the company’s stock after selling 23,633 shares during the quarter. JPMorgan Active Growth ETF accounts for 1.3% of MLG Wealth Management DBA Pine Grove Financial Group’s holdings, making the stock its 24th largest holding. MLG Wealth Management DBA Pine Grove Financial Group owned about 0.13% of JPMorgan Active Growth ETF worth $13,161,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. grew its holdings in JPMorgan Active Growth ETF by 23.6% during the 4th quarter. JPMorgan Chase & Co. now owns 12,942,682 shares of the company’s stock worth $1,201,081,000 after acquiring an additional 2,472,865 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan Active Growth ETF by 14.7% in the 4th quarter. LPL Financial LLC now owns 6,922,629 shares of the company’s stock valued at $642,420,000 after purchasing an additional 884,710 shares in the last quarter. Captrust Financial Advisors raised its holdings in shares of JPMorgan Active Growth ETF by 5.0% in the 4th quarter. Captrust Financial Advisors now owns 3,917,245 shares of the company’s stock valued at $363,520,000 after purchasing an additional 186,762 shares in the last quarter. Raymond James Financial Inc. lifted its position in shares of JPMorgan Active Growth ETF by 20.2% during the 4th quarter. Raymond James Financial Inc. now owns 2,306,569 shares of the company’s stock worth $214,050,000 after purchasing an additional 387,862 shares during the last quarter. Finally, Bank of America Corp DE lifted its position in shares of JPMorgan Active Growth ETF by 14.0% during the 1st quarter. Bank of America Corp DE now owns 2,231,576 shares of the company’s stock worth $188,613,000 after purchasing an additional 274,085 shares during the last quarter.

JPMorgan Active Growth ETF Stock Performance

Shares of JGRO stock opened at $94.68 on Tuesday. The company has a market cap of $9.89 billion, a P/E ratio of 35.50 and a beta of 1.10. The firm has a fifty day moving average price of $94.49 and a 200 day moving average price of $92.87. JPMorgan Active Growth ETF has a 12 month low of $81.16 and a 12 month high of $99.73.

JPMorgan Active Growth ETF Profile

(Free Report)

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.

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