Yarger Wealth Strategies LLC Invests $1 Million in JPMorgan U.S. Tech Leaders ETF $JTEK

Yarger Wealth Strategies LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 11,863 shares of the company’s stock, valued at approximately $1,002,000.

Several other hedge funds have also recently added to or reduced their stakes in JTEK. JPMorgan Chase & Co. raised its stake in JPMorgan U.S. Tech Leaders ETF by 6.7% in the 1st quarter. JPMorgan Chase & Co. now owns 4,508,872 shares of the company’s stock valued at $302,953,000 after purchasing an additional 282,795 shares during the last quarter. Kestra Advisory Services LLC raised its stake in JPMorgan U.S. Tech Leaders ETF by 1,009.4% in the 1st quarter. Kestra Advisory Services LLC now owns 150,354 shares of the company’s stock valued at $10,102,000 after purchasing an additional 136,801 shares during the last quarter. LPL Financial LLC raised its stake in JPMorgan U.S. Tech Leaders ETF by 71.2% in the 1st quarter. LPL Financial LLC now owns 240,917 shares of the company’s stock valued at $16,187,000 after purchasing an additional 100,231 shares during the last quarter. Raymond James Financial Inc. raised its stake in JPMorgan U.S. Tech Leaders ETF by 2,704.8% in the 1st quarter. Raymond James Financial Inc. now owns 95,196 shares of the company’s stock valued at $6,396,000 after purchasing an additional 91,802 shares during the last quarter. Finally, Cetera Investment Advisers acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at $3,426,000.

JPMorgan U.S. Tech Leaders ETF Stock Performance

NASDAQ JTEK opened at $90.76 on Monday. The business has a fifty day moving average price of $88.29 and a 200 day moving average price of $80.28. JPMorgan U.S. Tech Leaders ETF has a one year low of $56.40 and a one year high of $95.23. The company has a market cap of $2.76 billion, a P/E ratio of 47.07 and a beta of 1.82.

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.