JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Up 140.2% in February

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was the recipient of a large increase in short interest during the month of February. As of February 15th, there was short interest totalling 29,300 shares, an increase of 140.2% from the January 31st total of 12,200 shares. Based on an average trading volume of 155,000 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF

A number of hedge funds and other institutional investors have recently bought and sold shares of JTEK. Private Advisor Group LLC grew its position in shares of JPMorgan U.S. Tech Leaders ETF by 125.3% in the 3rd quarter. Private Advisor Group LLC now owns 8,185 shares of the company’s stock valued at $562,000 after acquiring an additional 4,552 shares during the period. Hartford Financial Management Inc. grew its holdings in JPMorgan U.S. Tech Leaders ETF by 3.0% during the third quarter. Hartford Financial Management Inc. now owns 62,922 shares of the company’s stock worth $4,321,000 after purchasing an additional 1,824 shares during the period. Indie Asset Partners LLC increased its position in JPMorgan U.S. Tech Leaders ETF by 7.3% during the third quarter. Indie Asset Partners LLC now owns 3,296 shares of the company’s stock worth $226,000 after buying an additional 225 shares during the last quarter. SilverOak Wealth Management LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF in the third quarter valued at approximately $264,000. Finally, Vertex Planning Partners LLC raised its stake in JPMorgan U.S. Tech Leaders ETF by 1.6% in the third quarter. Vertex Planning Partners LLC now owns 109,028 shares of the company’s stock valued at $7,487,000 after buying an additional 1,684 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Performance

JTEK traded up $1.14 during trading on Friday, reaching $76.68. 367,299 shares of the company’s stock were exchanged, compared to its average volume of 189,915. JPMorgan U.S. Tech Leaders ETF has a fifty-two week low of $55.66 and a fifty-two week high of $85.28. The company’s fifty day moving average price is $79.78 and its 200-day moving average price is $74.11. The firm has a market capitalization of $1.07 billion, a PE ratio of 47.95 and a beta of 1.82.

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.