Firethorn Wealth Partners LLC Cuts Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Firethorn Wealth Partners LLC trimmed its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 3.0% in the 4th quarter, Holdings Channel.com reports. The firm owned 4,147 shares of the company’s stock after selling 130 shares during the period. Firethorn Wealth Partners LLC’s holdings in JPMorgan Active Growth ETF were worth $336,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of JGRO. Captrust Financial Advisors increased its holdings in shares of JPMorgan Active Growth ETF by 13.1% in the 3rd quarter. Captrust Financial Advisors now owns 2,969,793 shares of the company’s stock valued at $228,317,000 after acquiring an additional 344,491 shares during the period. LPL Financial LLC grew its stake in JPMorgan Active Growth ETF by 18.3% during the 3rd quarter. LPL Financial LLC now owns 2,544,590 shares of the company’s stock worth $195,628,000 after buying an additional 394,221 shares during the last quarter. JPMorgan Chase & Co. grew its stake in JPMorgan Active Growth ETF by 27.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock worth $105,364,000 after buying an additional 294,827 shares during the last quarter. CWM LLC grew its stake in JPMorgan Active Growth ETF by 15.1% during the 3rd quarter. CWM LLC now owns 961,254 shares of the company’s stock worth $73,901,000 after buying an additional 126,344 shares during the last quarter. Finally, Janney Montgomery Scott LLC grew its stake in JPMorgan Active Growth ETF by 8.3% during the 4th quarter. Janney Montgomery Scott LLC now owns 958,426 shares of the company’s stock worth $77,661,000 after buying an additional 73,593 shares during the last quarter.

JPMorgan Active Growth ETF Price Performance

Shares of JGRO stock opened at $84.97 on Friday. JPMorgan Active Growth ETF has a 1-year low of $63.26 and a 1-year high of $85.56. The stock’s fifty day moving average price is $82.43 and its 200 day moving average price is $78.01. The company has a market cap of $1.92 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33.

About JPMorgan Active Growth ETF

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.