JPMorgan U.S. Tech Leaders ETF $JTEK Stock Sold by M Holdings Securities Inc.

M Holdings Securities Inc. lowered its stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 65.1% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,798 shares of the company’s stock after selling 10,813 shares during the quarter. M Holdings Securities Inc.’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $573,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Apollon Wealth Management LLC increased its stake in shares of JPMorgan U.S. Tech Leaders ETF by 656.8% in the third quarter. Apollon Wealth Management LLC now owns 14,606 shares of the company’s stock valued at $1,536,000 after purchasing an additional 12,676 shares during the period. Wedbush Securities Inc. bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the second quarter valued at approximately $18,759,000. Avidian Wealth Enterprises LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter worth approximately $525,000. Symphony Financial Services Inc. boosted its position in shares of JPMorgan U.S. Tech Leaders ETF by 37.7% during the first quarter. Symphony Financial Services Inc. now owns 31,831 shares of the company’s stock worth $2,532,000 after buying an additional 8,717 shares during the period. Finally, Quadcap Wealth Management LLC boosted its position in shares of JPMorgan U.S. Tech Leaders ETF by 10.8% during the first quarter. Quadcap Wealth Management LLC now owns 103,122 shares of the company’s stock worth $8,202,000 after buying an additional 10,047 shares during the period.

JPMorgan U.S. Tech Leaders ETF Price Performance

Shares of JTEK stock opened at $90.32 on Wednesday. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $75.25 and a 12-month high of $111.82. The firm has a market capitalization of $4.12 billion, a price-to-earnings ratio of 47.07 and a beta of 1.81. The business has a 50 day simple moving average of $100.50 and a 200 day simple moving average of $96.16.

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.