JPMorgan Chase & Co. Boosts Holdings in JPMorgan U.S. Tech Leaders ETF $JTEK

JPMorgan Chase & Co. raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 17.1% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,597,385 shares of the company’s stock after acquiring an additional 672,534 shares during the quarter. JPMorgan Chase & Co. owned approximately 12.28% of JPMorgan U.S. Tech Leaders ETF worth $414,099,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in JTEK. Assetmark Inc. purchased a new position in JPMorgan U.S. Tech Leaders ETF during the 4th quarter valued at about $8,669,000. NewEdge Wealth LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter worth about $8,419,000. Welch Financial Planning LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth about $7,686,000. Quadcap Wealth Management LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter worth about $7,560,000. Finally, Raymond James Financial Inc. grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 64.9% during the third quarter. Raymond James Financial Inc. now owns 194,318 shares of the company’s stock worth $17,871,000 after buying an additional 76,444 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Price Performance

Shares of NASDAQ JTEK opened at $99.56 on Thursday. The company has a market cap of $3.92 billion, a PE ratio of 47.07 and a beta of 1.76. JPMorgan U.S. Tech Leaders ETF has a 12 month low of $75.25 and a 12 month high of $111.32. The company has a 50-day simple moving average of $96.59 and a 200-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.