Tradition Wealth Management LLC Boosts Holdings in JPMorgan U.S. Tech Leaders ETF $JTEK

Tradition Wealth Management LLC increased its holdings in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 6.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 139,971 shares of the company’s stock after buying an additional 7,920 shares during the quarter. Tradition Wealth Management LLC owned 0.37% of JPMorgan U.S. Tech Leaders ETF worth $12,608,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in JTEK. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 5.4% in the third quarter. JPMorgan Chase & Co. now owns 3,924,851 shares of the company’s stock worth $360,969,000 after buying an additional 202,694 shares during the last quarter. Assetmark Inc. purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the fourth quarter worth approximately $8,669,000. NewEdge Wealth LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the third quarter worth approximately $8,419,000. Welch Financial Planning LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth approximately $7,686,000. Finally, Quadcap Wealth Management LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF during the 3rd quarter worth approximately $7,560,000.

JPMorgan U.S. Tech Leaders ETF Trading Down 7.1%

NASDAQ JTEK opened at $101.43 on Friday. JPMorgan U.S. Tech Leaders ETF has a 12 month low of $75.25 and a 12 month high of $111.32. The stock has a market cap of $4.00 billion, a price-to-earnings ratio of 47.07 and a beta of 1.76. The company’s 50 day moving average is $95.14 and its two-hundred day moving average is $90.30.

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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.