JPMorgan U.S. Tech Leaders ETF $JTEK Stock: Hughes Financial Services LLC Raises Holdings

Hughes Financial Services LLC increased its stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 3.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 396,006 shares of the company’s stock after acquiring an additional 14,396 shares during the period. JPMorgan U.S. Tech Leaders ETF makes up about 5.0% of Hughes Financial Services LLC’s holdings, making the stock its 7th largest holding. Hughes Financial Services LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $39,292,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in JTEK. ERn Financial LLC increased its position in JPMorgan U.S. Tech Leaders ETF by 0.6% in the 3rd quarter. ERn Financial LLC now owns 121,065 shares of the company’s stock valued at $12,735,000 after acquiring an additional 743 shares during the period. Foundry Financial Group Inc. grew its position in JPMorgan U.S. Tech Leaders ETF by 1.5% in the third quarter. Foundry Financial Group Inc. now owns 87,142 shares of the company’s stock worth $9,167,000 after buying an additional 1,263 shares during the last quarter. Apollon Wealth Management LLC raised its position in shares of JPMorgan U.S. Tech Leaders ETF by 656.8% during the third quarter. Apollon Wealth Management LLC now owns 14,606 shares of the company’s stock worth $1,536,000 after purchasing an additional 12,676 shares during the period. Private Wealth Partners LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the 3rd quarter valued at approximately $5,172,000. Finally, Hartford Financial Management Inc. purchased a new stake in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth about $7,404,000.

JPMorgan U.S. Tech Leaders ETF Stock Up 1.1%

Shares of NASDAQ:JTEK opened at $92.64 on Wednesday. The firm has a market capitalization of $4.25 billion, a P/E ratio of 47.07 and a beta of 1.76. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $75.25 and a 12-month high of $111.82. The firm has a fifty day moving average of $101.63 and a two-hundred day moving average of $96.19.

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.