Quadcap Wealth Management LLC reduced its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Free Report) by 17.2% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 78,734 shares of the company’s stock after selling 16,313 shares during the quarter. JPMorgan U.S. Tech Leaders ETF accounts for 0.7% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its 29th largest position. Quadcap Wealth Management LLC owned 0.17% of JPMorgan U.S. Tech Leaders ETF worth $8,282,000 as of its most recent filing with the SEC.
Other large investors have also recently made changes to their positions in the company. Hughes Financial Services LLC increased its holdings in JPMorgan U.S. Tech Leaders ETF by 3.8% in the 3rd quarter. Hughes Financial Services LLC now owns 396,006 shares of the company’s stock valued at $39,292,000 after purchasing an additional 14,396 shares during the last quarter. Royal Bank of Canada grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 30.5% in the first quarter. Royal Bank of Canada now owns 434,030 shares of the company’s stock valued at $34,524,000 after buying an additional 101,527 shares in the last quarter. Vestor Capital LLC grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 5,221.0% in the first quarter. Vestor Capital LLC now owns 361,189 shares of the company’s stock valued at $28,729,000 after buying an additional 354,401 shares in the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 33.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,237 shares of the company’s stock valued at $24,679,000 after buying an additional 55,111 shares during the period. Finally, Wedbush Securities Inc. purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the 2nd quarter valued at $18,759,000.
JPMorgan U.S. Tech Leaders ETF Trading Down 7.5%
JTEK opened at $85.21 on Friday. The stock’s 50-day moving average price is $101.24 and its 200 day moving average price is $96.16. 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 market cap of $3.89 billion, a price-to-earnings ratio of 47.07 and a beta of 1.81.
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.
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