Lakeridge Wealth Management LLC Invests $312,000 in JPMorgan Active Growth ETF (NYSEARCA:JGRO)

Lakeridge Wealth Management LLC purchased a new stake in JPMorgan Active Growth ETF (NYSEARCA:JGRO) in the fourth quarter, Holdings Channel.com reports. The fund purchased 3,853 shares of the company’s stock, valued at approximately $312,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in JGRO. Sound Income Strategies LLC increased its holdings in JPMorgan Active Growth ETF by 537.7% in the fourth quarter. Sound Income Strategies LLC now owns 338 shares of the company’s stock valued at $27,000 after buying an additional 285 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of JPMorgan Active Growth ETF in the 4th quarter worth approximately $29,000. Aptus Capital Advisors LLC increased its stake in JPMorgan Active Growth ETF by 34.7% in the 3rd quarter. Aptus Capital Advisors LLC now owns 668 shares of the company’s stock valued at $51,000 after purchasing an additional 172 shares in the last quarter. Empirical Asset Management LLC purchased a new position in JPMorgan Active Growth ETF in the 4th quarter valued at approximately $210,000. Finally, Hartford Financial Management Inc. acquired a new position in JPMorgan Active Growth ETF during the fourth quarter worth $211,000.

JPMorgan Active Growth ETF Stock Performance

JPMorgan Active Growth ETF stock opened at $84.74 on Friday. JPMorgan Active Growth ETF has a fifty-two week low of $65.31 and a fifty-two week high of $85.56. The firm has a market capitalization of $1.92 billion, a price-to-earnings ratio of 39.06 and a beta of 1.33. The stock’s fifty day moving average is $83.08 and its two-hundred day moving average is $78.99.

JPMorgan Active Growth ETF 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.