Freedom Financial Partners LLC Increases Position in JPMorgan U.S. Tech Leaders ETF $JTEK

Freedom Financial Partners LLC boosted its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 84.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 76,584 shares of the company’s stock after acquiring an additional 35,033 shares during the quarter. JPMorgan U.S. Tech Leaders ETF accounts for approximately 2.7% of Freedom Financial Partners LLC’s portfolio, making the stock its 14th largest holding. Freedom Financial Partners LLC owned about 0.25% of JPMorgan U.S. Tech Leaders ETF worth $7,043,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Valmark Advisers Inc. lifted its position in JPMorgan U.S. Tech Leaders ETF by 4.0% in the 2nd quarter. Valmark Advisers Inc. now owns 3,246 shares of the company’s stock worth $274,000 after buying an additional 125 shares during the last quarter. Avidian Wealth Enterprises LLC raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 8.6% during the second quarter. Avidian Wealth Enterprises LLC now owns 5,242 shares of the company’s stock worth $443,000 after acquiring an additional 414 shares in the last quarter. Kingsview Wealth Management LLC raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 4.4% during the second quarter. Kingsview Wealth Management LLC now owns 17,351 shares of the company’s stock worth $1,465,000 after acquiring an additional 739 shares in the last quarter. MBL Wealth LLC lifted its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 2.6% in the 3rd quarter. MBL Wealth LLC now owns 31,360 shares of the company’s stock worth $2,884,000 after acquiring an additional 786 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 1,810.5% in the 4th quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock valued at $82,000 after purchasing an additional 1,032 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Down 0.3%

Shares of NASDAQ:JTEK opened at $90.93 on Wednesday. The stock has a market cap of $2.92 billion, a PE ratio of 47.07 and a beta of 1.68. The company’s fifty day moving average is $91.51 and its 200 day moving average is $88.46. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $56.40 and a 52 week high of $97.86.

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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.