Transcend Capital Advisors LLC Raises Stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Transcend Capital Advisors LLC grew its holdings in shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 3.6% during the 4th quarter, HoldingsChannel reports. The fund owned 5,375 shares of the company’s stock after acquiring an additional 188 shares during the quarter. Transcend Capital Advisors LLC’s holdings in JPMorgan Active Growth ETF were worth $328,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in JGRO. DB Wealth Management Group LLC purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter valued at approximately $25,000. Whittier Trust Co. of Nevada Inc. purchased a new position in shares of JPMorgan Active Growth ETF in the fourth quarter valued at about $68,000. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of JPMorgan Active Growth ETF during the fourth quarter valued at about $113,000. Argent Advisors Inc. purchased a new stake in shares of JPMorgan Active Growth ETF during the third quarter worth about $204,000. Finally, GPS Wealth Strategies Group LLC grew its stake in shares of JPMorgan Active Growth ETF by 106.3% in the third quarter. GPS Wealth Strategies Group LLC now owns 4,715 shares of the company’s stock worth $254,000 after purchasing an additional 2,430 shares during the last quarter.

JPMorgan Active Growth ETF Price Performance

JGRO opened at $67.93 on Tuesday. JPMorgan Active Growth ETF has a one year low of $48.16 and a one year high of $71.30. The business has a 50 day simple moving average of $68.98 and a two-hundred day simple moving average of $63.08. The firm has a market capitalization of $1.42 billion, a price-to-earnings ratio of 37.72 and a beta of 1.30.

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.