JPMorgan U.S. Tech Leaders ETF (NYSEARCA:JTEK) Trading Down 1.2% – Here’s Why

JPMorgan U.S. Tech Leaders ETF (NYSEARCA:JTEKGet Free Report) dropped 1.2% on Thursday . The company traded as low as $69.66 and last traded at $70.05. Approximately 280,666 shares changed hands during trading, an increase of 21% from the average daily volume of 231,587 shares. The stock had previously closed at $70.87.

JPMorgan U.S. Tech Leaders ETF Stock Down 3.2 %

The stock has a 50 day moving average price of $77.12 and a two-hundred day moving average price of $74.78. The company has a market cap of $1.27 billion, a P/E ratio of 34.27 and a beta of 1.83.

JPMorgan U.S. Tech Leaders ETF Company Profile

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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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