JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Sees Unusually-High Trading Volume – Should You Buy?

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) shares saw unusually-high trading volume on Wednesday . Approximately 344,515 shares were traded during trading, an increase of 365% from the previous session’s volume of 74,017 shares.The stock last traded at $75.99 and had previously closed at $76.86.

JPMorgan U.S. Tech Leaders ETF Trading Down 1.0 %

The company has a market cap of $774.29 million, a P/E ratio of 47.95 and a beta of 1.82. The company’s 50-day moving average price is $71.45 and its two-hundred day moving average price is $68.09.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Wagner Wealth Management LLC lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 8.9% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,855 shares of the company’s stock worth $127,000 after buying an additional 152 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 3rd quarter valued at approximately $193,000. Indie Asset Partners LLC lifted its stake in JPMorgan U.S. Tech Leaders ETF by 7.3% during the third quarter. Indie Asset Partners LLC now owns 3,296 shares of the company’s stock worth $226,000 after purchasing an additional 225 shares during the last quarter. World Investment Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the third quarter worth $251,000. Finally, SilverOak Wealth Management LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF during the third quarter valued at $264,000.

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.