Cobblestone Asset Management LLC Boosts Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Cobblestone Asset Management LLC raised its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 77.5% during the second quarter, HoldingsChannel reports. The institutional investor owned 5,714 shares of the company’s stock after purchasing an additional 2,494 shares during the quarter. Cobblestone Asset Management LLC’s holdings in JPMorgan Active Growth ETF were worth $429,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Raymond James & Associates acquired a new position in shares of JPMorgan Active Growth ETF in the fourth quarter valued at approximately $2,235,000. Avior Wealth Management LLC acquired a new stake in JPMorgan Active Growth ETF in the fourth quarter valued at about $13,350,000. Beaumont Financial Advisors LLC boosted its holdings in JPMorgan Active Growth ETF by 33.9% in the 4th quarter. Beaumont Financial Advisors LLC now owns 500,316 shares of the company’s stock valued at $30,564,000 after purchasing an additional 126,546 shares in the last quarter. CWM LLC increased its position in JPMorgan Active Growth ETF by 10.3% during the 4th quarter. CWM LLC now owns 714,158 shares of the company’s stock worth $43,628,000 after purchasing an additional 66,946 shares during the period. Finally, Private Wealth Partners LLC boosted its stake in shares of JPMorgan Active Growth ETF by 26.2% during the 4th quarter. Private Wealth Partners LLC now owns 39,455 shares of the company’s stock worth $2,410,000 after acquiring an additional 8,200 shares in the last quarter.

JPMorgan Active Growth ETF Price Performance

JGRO traded up $1.58 during midday trading on Thursday, reaching $74.49. 250,951 shares of the company’s stock were exchanged, compared to its average volume of 215,047. The business’s 50-day moving average price is $74.06 and its 200 day moving average price is $70.71. JPMorgan Active Growth ETF has a 1-year low of $51.21 and a 1-year high of $78.28. The stock has a market capitalization of $1.68 billion, a PE 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.