JPMorgan Active Growth ETF
JGRO
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 383 Madison Avenue New York NY United States of America 10179
- IPO Date
- Aug 9, 2022
- Website
- am.jpmorgan.com
- Similar Companies
- Business
- JPMorgan Active Growth ETF (JGRO) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in a portfolio of equity securities of growth-oriented companies. The fund employs a fundamental research-driven approach, focusing on companies with strong business models, attractive growth prospects, and competitive advantages; it allocates across various market capitalizations, with an emphasis on large-cap and mid-cap U.S. stocks, while maintaining flexibility to invest up to 20% in non-U.S. securities and up to 10% in initial public offerings. JGRO offers investors exposure to high-conviction growth themes, including technology, consumer discretionary, and healthcare sectors, through a concentrated portfolio typically comprising 40-60 holdings selected by JPMorgan Asset Management's experienced team. The ETF operates within the broader asset management industry, targeting individual and institutional investors seeking actively managed alternatives to passive growth indices like the Russell 1000 Growth Index. Launched in August 2021, JGRO is domiciled in the United States and headquartered in Jersey City, New Jersey, as part of J.P. Morgan Exchange-Traded Fund Trust, sponsored by J.P. Morgan Securities LLC, a subsidiary of JPMorgan Chase & Co. In 2024, the fund benefited from J.P. Morgan Asset Management's strategic expansion into active ETFs, including increased marketing efforts and portfolio manager enhancements amid growing inflows into active strategies; additionally, it saw a key portfolio rebalancing in response to market shifts, incorporating higher allocations to artificial intelligence and sustainable growth companies following the firm's acquisition of OpenInvest in 2023 to bolster ESG integration capabilities.