JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Update

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) saw a large decline in short interest in the month of March. As of March 31st, there was short interest totalling 9,900 shares, a decline of 75.9% from the March 15th total of 41,000 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 275,900 shares, the days-to-cover ratio is currently 0.0 days.

JPMorgan U.S. Tech Leaders ETF Trading Up 0.7 %

JPMorgan U.S. Tech Leaders ETF stock opened at $64.56 on Tuesday. 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 market capitalization of $1.27 billion, a price-to-earnings ratio of 32.53 and a beta of 1.82. The firm has a 50 day moving average of $72.67 and a 200 day moving average of $74.55.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Comerica Bank bought a new stake in JPMorgan U.S. Tech Leaders ETF during the fourth quarter valued at about $38,000. Briaud Financial Planning Inc purchased a new position in JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth approximately $57,000. Bank of America Corp DE boosted its stake in JPMorgan U.S. Tech Leaders ETF by 1,810.5% in the 4th quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock worth $82,000 after purchasing an additional 1,032 shares during the period. Wagner Wealth Management LLC grew its holdings in JPMorgan U.S. Tech Leaders ETF by 22.0% during the 4th quarter. Wagner Wealth Management LLC now owns 2,264 shares of the company’s stock valued at $171,000 after buying an additional 409 shares in the last quarter. Finally, Mascagni Wealth Management Inc. bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter valued at approximately $180,000.

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.