JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Shares Acquired by JPMorgan Chase & Co.

JPMorgan Chase & Co. grew its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 6.3% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 4,226,077 shares of the company’s stock after purchasing an additional 252,257 shares during the period. JPMorgan Chase & Co. owned approximately 0.30% of JPMorgan U.S. Tech Leaders ETF worth $319,787,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently made changes to their positions in JTEK. Wagner Wealth Management LLC raised its stake in JPMorgan U.S. Tech Leaders ETF by 22.0% during the fourth quarter. Wagner Wealth Management LLC now owns 2,264 shares of the company’s stock worth $171,000 after purchasing an additional 409 shares during the period. Briaud Financial Planning Inc acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth approximately $57,000. HighTower Advisors LLC increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 4.3% during the 4th quarter. HighTower Advisors LLC now owns 19,076 shares of the company’s stock worth $1,443,000 after buying an additional 794 shares during the last quarter. Ulland Investment Advisors LLC lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 8.7% in the fourth quarter. Ulland Investment Advisors LLC now owns 21,056 shares of the company’s stock valued at $1,593,000 after acquiring an additional 1,692 shares during the last quarter. Finally, Sanctuary Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the third quarter valued at approximately $193,000.

JPMorgan U.S. Tech Leaders ETF Stock Down 3.2 %

NASDAQ:JTEK opened at $67.82 on Monday. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $55.66 and a 52 week high of $85.28. The stock’s fifty day moving average is $77.12 and its two-hundred day moving average is $74.93. The company has a market capitalization of $948.12 million, a P/E ratio of 34.27 and a beta of 1.82.

About JPMorgan U.S. Tech Leaders ETF

The JPMorgan U.S. Tech Leaders ETF JPMorgan U.S. Tech Leaders ETF (JTEK) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is an actively managed fund that identifies US equities that are perceived as leaders in technology and technology-enabled industries such as engineering & construction, entertainment, biotechnology, pharmaceuticals, REITs, and energy-alternate sources.