TBH Global Asset Management LLC Reduces Holdings in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

TBH Global Asset Management LLC reduced its stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) by 67.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,900 shares of the company’s stock after selling 22,730 shares during the period. TBH Global Asset Management LLC’s holdings in JPMorgan Active Growth ETF were worth $958,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Private Advisor Group LLC raised its holdings in JPMorgan Active Growth ETF by 159.7% during the 3rd quarter. Private Advisor Group LLC now owns 48,472 shares of the company’s stock valued at $3,727,000 after buying an additional 29,809 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of JPMorgan Active Growth ETF in the fourth quarter valued at about $29,000. JPMorgan Chase & Co. raised its stake in shares of JPMorgan Active Growth ETF by 27.4% during the third quarter. JPMorgan Chase & Co. now owns 1,370,494 shares of the company’s stock valued at $105,364,000 after acquiring an additional 294,827 shares during the last quarter. Raymond James & Associates boosted its holdings in shares of JPMorgan Active Growth ETF by 104.8% during the third quarter. Raymond James & Associates now owns 340,728 shares of the company’s stock worth $26,195,000 after purchasing an additional 174,356 shares during the period. Finally, Carnegie Investment Counsel bought a new stake in shares of JPMorgan Active Growth ETF in the fourth quarter worth about $1,347,000.

JPMorgan Active Growth ETF Price Performance

Shares of NYSEARCA:JGRO opened at $84.70 on Thursday. The stock’s 50-day moving average is $83.16 and its 200 day moving average is $79.26. The company has a market cap of $5.12 billion, a PE ratio of 35.80 and a beta of 1.04. JPMorgan Active Growth ETF has a 1 year low of $65.31 and a 1 year high of $85.56.

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.