JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Update

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) saw a significant decline in short interest in the month of December. As of December 31st, there was short interest totaling 84,014 shares, a decline of 46.1% from the December 15th total of 155,741 shares. Based on an average trading volume of 159,062 shares, the short-interest ratio is presently 0.5 days. Approximately 0.2% of the shares of the company are short sold. Approximately 0.2% of the shares of the company are short sold. Based on an average trading volume of 159,062 shares, the short-interest ratio is presently 0.5 days.

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

Several large investors have recently added to or reduced their stakes in JTEK. JPMorgan Chase & Co. boosted its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 5.4% during the third quarter. JPMorgan Chase & Co. now owns 3,924,851 shares of the company’s stock valued at $360,969,000 after acquiring an additional 202,694 shares during the period. Hughes Financial Services LLC lifted its position in JPMorgan U.S. Tech Leaders ETF by 433,344.0% in the 2nd quarter. Hughes Financial Services LLC now owns 541,805 shares of the company’s stock valued at $46,259,000 after purchasing an additional 541,680 shares during the last quarter. UBS Group AG boosted its stake in JPMorgan U.S. Tech Leaders ETF by 4.1% during the 3rd quarter. UBS Group AG now owns 451,449 shares of the company’s stock valued at $41,520,000 after purchasing an additional 17,659 shares during the period. Miracle Mile Advisors LLC grew its position in JPMorgan U.S. Tech Leaders ETF by 0.9% in the 3rd quarter. Miracle Mile Advisors LLC now owns 351,577 shares of the company’s stock worth $32,335,000 after purchasing an additional 3,221 shares during the last quarter. Finally, Raymond James Financial Inc. grew its position 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 during the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Down 0.2%

Shares of NASDAQ:JTEK traded down $0.21 during trading on Friday, hitting $90.65. 219,259 shares of the company traded hands, compared to its average volume of 214,224. The business’s fifty day moving average is $90.72 and its 200-day moving average is $89.33. The stock has a market capitalization of $3.26 billion, a price-to-earnings ratio of 47.07 and a beta of 1.68. JPMorgan U.S. Tech Leaders ETF has a one year low of $56.40 and a one year high of $97.86.

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.