M Holdings Securities Inc. Invests $1.85 Million in JPMorgan U.S. Tech Leaders ETF $JTEK

M Holdings Securities Inc. purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 16,611 shares of the company’s stock, valued at approximately $1,853,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC bought a new position in JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth $26,000. International Assets Investment Management LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the fourth quarter valued at approximately $43,000. Advisory Services Network LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF during the third quarter worth approximately $56,000. Comerica Bank increased its stake in JPMorgan U.S. Tech Leaders ETF by 80.0% during the 4th quarter. Comerica Bank now owns 900 shares of the company’s stock worth $81,000 after acquiring an additional 400 shares during the period. Finally, Bank of America Corp DE raised its holdings in JPMorgan U.S. Tech Leaders ETF by 1,810.5% in the 4th quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock valued at $82,000 after acquiring an additional 1,032 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Performance

NASDAQ:JTEK opened at $100.86 on Monday. The company has a market cap of $4.39 billion, a price-to-earnings ratio of 47.07 and a beta of 1.79. JPMorgan U.S. Tech Leaders ETF has a fifty-two week low of $75.25 and a fifty-two week high of $111.82. The stock has a fifty day moving average price of $101.18 and a 200-day moving average price of $95.36.

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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.