Fagan Associates Inc. Buys 3,221 Shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)

Fagan Associates Inc. lifted its stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 3.5% in the 4th quarter, Holdings Channel reports. The fund owned 95,622 shares of the company’s stock after acquiring an additional 3,221 shares during the quarter. JPMorgan U.S. Tech Leaders ETF accounts for approximately 1.1% of Fagan Associates Inc.’s investment portfolio, making the stock its 29th biggest position. Fagan Associates Inc.’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $7,236,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JTEK. JPMorgan Chase & Co. increased its stake in JPMorgan U.S. Tech Leaders ETF by 11.3% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,973,820 shares of the company’s stock valued at $272,882,000 after buying an additional 404,942 shares during the last quarter. Miracle Mile Advisors LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth about $20,084,000. SilverOak Wealth Management LLC boosted its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 1,886.9% during the 4th quarter. SilverOak Wealth Management LLC now owns 76,258 shares of the company’s stock worth $5,770,000 after buying an additional 72,420 shares during the period. Kingsview Wealth Management LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF in the 4th quarter valued at about $1,297,000. Finally, Valley Wealth Managers Inc. boosted its holdings in JPMorgan U.S. Tech Leaders ETF by 47.0% in the 4th quarter. Valley Wealth Managers Inc. now owns 37,733 shares of the company’s stock valued at $2,855,000 after purchasing an additional 12,064 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Up 0.4 %

NASDAQ JTEK opened at $85.07 on Wednesday. The company has a market capitalization of $1.19 billion, a P/E ratio of 47.95 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $55.66 and a 12-month high of $85.28. The firm has a 50-day moving average price of $79.65 and a two-hundred day moving average price of $73.03.

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.