IFP Advisors Inc bought a new position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Free Report) in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,425 shares of the company’s stock, valued at approximately $289,000.
Other hedge funds also recently modified their holdings of the company. JPMorgan Chase & Co. grew its position in JPMorgan U.S. Tech Leaders ETF by 6.7% in the first quarter. JPMorgan Chase & Co. now owns 4,508,872 shares of the company’s stock worth $302,953,000 after buying an additional 282,795 shares during the last quarter. Kestra Advisory Services LLC increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 1,009.4% in the first quarter. Kestra Advisory Services LLC now owns 150,354 shares of the company’s stock worth $10,102,000 after acquiring an additional 136,801 shares in the last quarter. LPL Financial LLC raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 71.2% during the first quarter. LPL Financial LLC now owns 240,917 shares of the company’s stock valued at $16,187,000 after acquiring an additional 100,231 shares during the period. Raymond James Financial Inc. raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 2,704.8% during the first quarter. Raymond James Financial Inc. now owns 95,196 shares of the company’s stock valued at $6,396,000 after acquiring an additional 91,802 shares during the period. Finally, Cetera Investment Advisers purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at approximately $3,426,000.
JPMorgan U.S. Tech Leaders ETF Stock Performance
JPMorgan U.S. Tech Leaders ETF stock opened at $91.75 on Friday. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $56.40 and a 52 week high of $95.23. The firm has a market capitalization of $2.81 billion, a price-to-earnings ratio of 47.07 and a beta of 1.82. The company has a 50 day moving average price of $88.89 and a 200 day moving average price of $80.78.
JPMorgan U.S. Tech Leaders ETF 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.
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