JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Sets New 12-Month High – Should You Buy?

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEKGet Free Report) shares reached a new 52-week high on Friday . The company traded as high as $83.12 and last traded at $83.03, with a volume of 35823 shares. The stock had previously closed at $81.14.

JPMorgan U.S. Tech Leaders ETF Price Performance

The company has a market cap of $1.10 billion, a P/E ratio of 47.95 and a beta of 1.82. The company has a fifty day simple moving average of $78.42 and a 200-day simple moving average of $71.54.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

Several large investors have recently added to or reduced their stakes in JTEK. Susquehanna International Group LLP raised its stake in JPMorgan U.S. Tech Leaders ETF by 131.6% during the 2nd quarter. Susquehanna International Group LLP now owns 55,549 shares of the company’s stock valued at $3,847,000 after purchasing an additional 31,564 shares during the period. Wagner Wealth Management LLC raised its stake 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 valued at $127,000 after purchasing an additional 152 shares during the period. Private Advisor Group LLC raised its stake in JPMorgan U.S. Tech Leaders ETF by 125.3% during the 3rd quarter. Private Advisor Group LLC now owns 8,185 shares of the company’s stock valued at $562,000 after purchasing an additional 4,552 shares during the period. Foundry Financial Group Inc. raised its stake in JPMorgan U.S. Tech Leaders ETF by 4.7% during the 3rd quarter. Foundry Financial Group Inc. now owns 98,400 shares of the company’s stock valued at $6,757,000 after purchasing an additional 4,417 shares during the period. Finally, Hartford Financial Management Inc. increased its stake in shares of JPMorgan U.S. Tech Leaders ETF by 3.0% in the third quarter. Hartford Financial Management Inc. now owns 62,922 shares of the company’s stock worth $4,321,000 after acquiring an additional 1,824 shares during the last quarter.

About JPMorgan U.S. Tech Leaders ETF

(Get Free Report)

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.

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