NewEdge Wealth LLC Makes New $8.42 Million Investment in JPMorgan U.S. Tech Leaders ETF $JTEK

NewEdge Wealth LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 88,787 shares of the company’s stock, valued at approximately $8,419,000. NewEdge Wealth LLC owned 0.28% of JPMorgan U.S. Tech Leaders ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also made changes to their positions in JTEK. Atticus Wealth Management LLC grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 3,954.1% during the third quarter. Atticus Wealth Management LLC now owns 7,500 shares of the company’s stock worth $690,000 after buying an additional 7,315 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 5.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,924,851 shares of the company’s stock valued at $360,969,000 after purchasing an additional 202,694 shares during the last quarter. HighTower Advisors LLC increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 9.6% in the third quarter. HighTower Advisors LLC now owns 21,849 shares of the company’s stock valued at $2,009,000 after purchasing an additional 1,920 shares during the period. Ameritas Advisory Services LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter worth approximately $207,000. Finally, Krilogy Financial LLC raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 34.8% during the third quarter. Krilogy Financial LLC now owns 25,924 shares of the company’s stock worth $2,458,000 after purchasing an additional 6,692 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Price Performance

Shares of NASDAQ JTEK opened at $84.54 on Friday. The stock has a fifty day moving average price of $88.98 and a 200 day moving average price of $89.64. JPMorgan U.S. Tech Leaders ETF has a 1-year low of $56.40 and a 1-year high of $97.86. The company has a market cap of $3.17 billion, a PE ratio of 47.07 and a beta of 1.68.

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.