JPMorgan U.S. Tech Leaders ETF $JTEK Stock Holdings Lowered by Hughes Financial Services LLC

Hughes Financial Services LLC reduced its stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 32.5% during the fourth quarter, Holdings Channel reports. The firm owned 366,230 shares of the company’s stock after selling 176,432 shares during the quarter. JPMorgan U.S. Tech Leaders ETF makes up approximately 5.2% of Hughes Financial Services LLC’s portfolio, making the stock its 6th biggest position. Hughes Financial Services LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $32,987,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its holdings in JPMorgan U.S. Tech Leaders ETF by 17.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,597,385 shares of the company’s stock worth $414,099,000 after purchasing an additional 672,534 shares in the last quarter. LPL Financial LLC raised its holdings in JPMorgan U.S. Tech Leaders ETF by 46.2% in the 4th quarter. LPL Financial LLC now owns 538,269 shares of the company’s stock worth $48,483,000 after purchasing an additional 170,110 shares in the last quarter. UBS Group AG raised its holdings in JPMorgan U.S. Tech Leaders ETF by 4.1% in the 3rd quarter. UBS Group AG now owns 451,449 shares of the company’s stock worth $41,520,000 after purchasing an additional 17,659 shares in the last quarter. Composition Wealth LLC raised its holdings in JPMorgan U.S. Tech Leaders ETF by 2.8% in the 4th quarter. Composition Wealth LLC now owns 361,341 shares of the company’s stock worth $32,547,000 after purchasing an additional 9,764 shares in the last quarter. Finally, Raymond James Financial Inc. raised its holdings in JPMorgan U.S. Tech Leaders ETF by 64.9% in the 3rd quarter. Raymond James Financial Inc. now owns 194,318 shares of the company’s stock worth $17,871,000 after purchasing an additional 76,444 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Trading Down 2.0%

Shares of NASDAQ JTEK opened at $99.56 on Thursday. JPMorgan U.S. Tech Leaders ETF has a 12 month low of $75.25 and a 12 month high of $111.32. The firm has a market capitalization of $3.92 billion, a PE ratio of 47.07 and a beta of 1.76. The firm has a fifty day simple moving average of $96.59 and a two-hundred day simple moving average of $90.63.

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