Kestra Advisory Services LLC Buys 16,428 Shares of JPMorgan U.S. Tech Leaders ETF $JTEK

Kestra Advisory Services LLC increased its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 8.3% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 215,392 shares of the company’s stock after purchasing an additional 16,428 shares during the quarter. Kestra Advisory Services LLC owned about 0.56% of JPMorgan U.S. Tech Leaders ETF worth $17,132,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new position in JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth about $26,000. International Assets Investment Management LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter valued at about $43,000. Advisory Services Network LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter valued at about $56,000. Capital Investment Advisory Services LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the fourth quarter worth about $64,000. Finally, Comerica Bank boosted its position in shares of JPMorgan U.S. Tech Leaders ETF by 80.0% in the fourth quarter. Comerica Bank now owns 900 shares of the company’s stock valued at $81,000 after acquiring an additional 400 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Down 0.9%

NASDAQ:JTEK traded down $0.95 during mid-day trading on Friday, hitting $104.58. 247,956 shares of the stock traded hands, compared to its average volume of 305,937. The business’s 50-day moving average price is $104.68 and its 200 day moving average price is $93.06. The company has a market cap of $4.40 billion, a PE ratio of 47.07 and a beta of 1.72. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $75.25 and a 12-month high of $111.82.

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