J.P. Morgan Exchange-Traded Fund Trust - JPMorgan Active Growth ETF (JGRO)JGRO

JPMorgan Active Growth ETF (JAGR)

*Profile: JPMorgan Active Growth ETF (Ticker: JAGR) is an actively managed ETF that primarily invests in US large-cap growth stocks across various sectors. The fund seeks to outperform the Russell 1000 Growth Index by identifying companies with high growth potential and favorable valuations.

*Investment Objective: JAGR's primary objective is to achieve long-term capital appreciation by investing in a portfolio of large-cap growth stocks. The fund seeks to generate alpha through active stock selection and portfolio management.

*Issuer: J.P. Morgan Asset Management is the issuer of JAGR.

• Reputation and Reliability: J.P. Morgan Asset Management is a leading global asset manager with over $2.6 trillion in assets under management. The firm has a long and established reputation for providing investment products and services to institutional and individual investors.
• Management: The portfolio management team responsible for JAGR has extensive experience in managing growth-oriented investment portfolios.

*Market Share and Assets under Management: JAGR has a relatively small market share in the large-cap growth ETF space, managing approximately $250 million in total net assets as of November 2023.

*Moats: The ETF's competitive advantages include:

• Active Management: JAGR benefits from the active management expertise of J.P. Morgan's experienced portfolio management team.
• Growth-Oriented Approach: The fund's focus on high-growth companies allows it to potentially capture significant upside potential.

*Financial Performance:

• Historical Performance: Since its inception in 2021, JAGR has delivered a total return of approximately 25%, outperforming the Russell 1000 Growth Index.
• Benchmark Comparison: The ETF has consistently outperformed its benchmark index over the past year.

*Growth Trajectory:

JAGR is a relatively new ETF with a limited track record. However, the fund's growth-oriented approach and strong performance to date suggest potential for continued growth in the future.

*Liquidity:

• Average Trading Volume: JAGR has an average daily trading volume of approximately 50,000 shares, indicating moderate liquidity.
• Bid-Ask Spread: The bid-ask spread for JAGR is typically around 0.05%, indicating low transaction costs.

*Market Dynamics: Factors affecting JAGR's market environment include:

• Economic Indicators: Strong economic growth and low interest rates typically benefit growth stocks, which could positively impact JAGR.
• Sector Growth Prospects: The performance of the technology and healthcare sectors, where many growth stocks reside, will significantly influence JAGR's performance.
• Market Volatility: Periods of high market volatility could increase the ETF's price fluctuations.

*Competitors: Key competitors in the large-cap growth ETF space include:

• iShares Russell 1000 Growth ETF (IWF)
• Vanguard Growth ETF (VUG)
• Schwab U.S. Large-Cap Growth ETF (SCHG)

*Expense Ratio: JAGR's expense ratio is 0.35%, which is slightly above average for actively managed large-cap growth ETFs.

*Investment Approach and Strategy:

• Strategy: The ETF employs an actively managed strategy to select individual stocks with high growth potential.
• Composition: JAGR primarily holds large-cap stocks from various sectors, with a focus on technology and healthcare.

*Key Points:

• Actively managed large-cap growth ETF.
• Aims to outperform the Russell 1000 Growth Index.
• Strong historical performance and moderate liquidity.
• Competitive expense ratio.

*Risks:

• Market Risk: The value of JAGR's underlying holdings can fluctuate significantly due to market conditions and company-specific factors.
• Style Risk: Growth stocks can be more volatile than value stocks, particularly during periods of market downturns.
• Active Management Risk: There is no guarantee that the fund's active management will outperform its benchmark index.

*Who Should Consider Investing: JAGR could be suitable for investors:

• Seeking long-term capital appreciation.
• With a high risk tolerance.
• Who believe in the growth potential of large-cap companies.

Fundamental Rating Based on AI: 7.5 out of 10 JAGR receives a rating of 7.5 out of 10 based on an AI analysis of its fundamentals. The analysis considers the fund's strong performance, moderate liquidity, experienced management team, and competitive expense ratio. However, the ETF's small market share and limited track record are drawbacks to consider.

Resources:

• J.P. Morgan Asset Management Website: https://am.jpmorgan.com/us/etf/jpmorgan-active-growth-etf/overview
• Morningstar ETF Page: https://www.morningstar.com/etfs/arcx/jagr/quote

*Disclaimer: The information provided above should not be considered financial advice. It is essential to conduct thorough research and consider your individual investment goals and risk tolerance before making any investment decisions.