Orrstown Financial Services Inc. Acquires 8,509 Shares of JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Orrstown Financial Services Inc. lifted its holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 4.2% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 209,812 shares of the company’s stock after purchasing an additional 8,509 shares during the period. JPMorgan Active Growth ETF makes up approximately 4.6% of Orrstown Financial Services Inc.’s holdings, making the stock its 6th largest holding. Orrstown Financial Services Inc.’s holdings in JPMorgan Active Growth ETF were worth $17,001,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the business. Sound Income Strategies LLC increased its stake in JPMorgan Active Growth ETF by 537.7% during the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock worth $27,000 after purchasing an additional 285 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in JPMorgan Active Growth ETF during the 4th quarter worth approximately $29,000. Aptus Capital Advisors LLC lifted its holdings in JPMorgan Active Growth ETF by 34.7% during the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock worth $51,000 after buying an additional 172 shares in the last quarter. FCG Investment Co purchased a new position in JPMorgan Active Growth ETF in the 3rd quarter valued at approximately $201,000. Finally, Summit Wealth & Retirement Planning Inc. acquired a new position in shares of JPMorgan Active Growth ETF in the third quarter worth $201,000.

JPMorgan Active Growth ETF Stock Down 0.4 %

NYSEARCA JGRO traded down $0.36 during trading hours on Wednesday, hitting $83.59. 39,807 shares of the company were exchanged, compared to its average volume of 468,825. The company has a 50 day moving average of $82.56 and a two-hundred day moving average of $78.10. JPMorgan Active Growth ETF has a 52-week low of $63.26 and a 52-week high of $85.56. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33.

JPMorgan Active Growth ETF Company 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.