Freedom Financial Partners LLC Increases Stake in JPMorgan U.S. Tech Leaders ETF $JTEK

Freedom Financial Partners LLC lifted its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 15.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 107,231 shares of the company’s stock after acquiring an additional 14,447 shares during the quarter. JPMorgan U.S. Tech Leaders ETF accounts for approximately 3.0% of Freedom Financial Partners LLC’s investment portfolio, making the stock its 13th largest holding. Freedom Financial Partners LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $8,529,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in JTEK. Bank of America Corp DE lifted its stake in JPMorgan U.S. Tech Leaders ETF by 1.5% in the third quarter. Bank of America Corp DE now owns 15,160 shares of the company’s stock worth $1,394,000 after acquiring an additional 230 shares during the period. Comprehensive Financial Planning Inc. PA increased its position in JPMorgan U.S. Tech Leaders ETF by 97.5% during the 3rd quarter. Comprehensive Financial Planning Inc. PA now owns 476 shares of the company’s stock valued at $44,000 after purchasing an additional 235 shares during the period. Mattern Capital Management LLC raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 5.7% in the 4th quarter. Mattern Capital Management LLC now owns 4,730 shares of the company’s stock valued at $426,000 after purchasing an additional 255 shares in the last quarter. Archford Capital Strategies LLC raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 2.4% in the 4th quarter. Archford Capital Strategies LLC now owns 11,394 shares of the company’s stock valued at $1,026,000 after purchasing an additional 264 shares in the last quarter. Finally, Farther Finance Advisors LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the 4th quarter valued at about $26,000.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of JTEK opened at $109.09 on Friday. The company has a 50 day moving average price of $100.13 and a 200-day moving average price of $91.51. JPMorgan U.S. Tech Leaders ETF has a fifty-two week low of $75.25 and a fifty-two week high of $111.32. The stock has a market capitalization of $4.30 billion, a PE ratio of 47.07 and a beta of 1.76.

JPMorgan U.S. Tech Leaders ETF 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.