JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $111.49 and last traded at $111.45, with a volume of 162798 shares trading hands. The stock had previously closed at $108.08.
JPMorgan U.S. Tech Leaders ETF Trading Down 5.0%
The stock has a 50-day moving average of $103.17 and a two-hundred day moving average of $92.35. The firm has a market cap of $4.06 billion, a price-to-earnings ratio of 47.07 and a beta of 1.76.
Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF
Several hedge funds have recently made changes to their positions in the company. Bank of America Corp DE raised its stake in JPMorgan U.S. Tech Leaders ETF by 1.5% during the 3rd quarter. Bank of America Corp DE now owns 15,160 shares of the company’s stock valued at $1,394,000 after purchasing an additional 230 shares during the period. Cambridge Advisors Inc. lifted its position in JPMorgan U.S. Tech Leaders ETF by 7.9% in the 1st quarter. Cambridge Advisors Inc. now owns 3,441 shares of the company’s stock worth $274,000 after buying an additional 251 shares in the last quarter. Mattern Capital Management LLC raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 5.7% during the fourth quarter. Mattern Capital Management LLC now owns 4,730 shares of the company’s stock worth $426,000 after acquiring an additional 255 shares in the last quarter. Archford Capital Strategies LLC raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 2.4% during the fourth quarter. Archford Capital Strategies LLC now owns 11,394 shares of the company’s stock worth $1,026,000 after acquiring an additional 264 shares in the last quarter. Finally, Farther Finance Advisors LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF during the fourth quarter valued at $26,000.
JPMorgan U.S. Tech Leaders ETF Company Profile
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.
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