NewEdge Wealth LLC Acquires 26,124 Shares of JPMorgan U.S. Tech Leaders ETF $JTEK

NewEdge Wealth LLC raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 30.7% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 111,154 shares of the company’s stock after purchasing an additional 26,124 shares during the period. NewEdge Wealth LLC owned 0.28% of JPMorgan U.S. Tech Leaders ETF worth $8,841,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. JPMorgan Chase & Co. grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 17.1% in the 4th quarter. JPMorgan Chase & Co. now owns 4,597,385 shares of the company’s stock worth $414,099,000 after buying an additional 672,534 shares during the last quarter. Wells Fargo & Company MN grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 10.4% during the fourth quarter. Wells Fargo & Company MN now owns 775,708 shares of the company’s stock valued at $69,870,000 after buying an additional 73,315 shares during the last quarter. LPL Financial LLC increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 46.2% during the fourth quarter. LPL Financial LLC now owns 538,269 shares of the company’s stock valued at $48,483,000 after acquiring an additional 170,110 shares in the last quarter. UBS Group AG increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 4.1% during the third quarter. UBS Group AG now owns 451,449 shares of the company’s stock valued at $41,520,000 after acquiring an additional 17,659 shares in the last quarter. Finally, Composition Wealth LLC raised its holdings in JPMorgan U.S. Tech Leaders ETF by 2.8% in the 4th quarter. Composition Wealth LLC now owns 361,341 shares of the company’s stock worth $32,547,000 after acquiring an additional 9,764 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Trading Down 2.3%

JTEK stock opened at $96.91 on Friday. The stock has a market capitalization of $4.18 billion, a PE ratio of 47.07 and a beta of 1.72. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $75.25 and a 12-month high of $111.82. The stock’s 50 day simple moving average is $104.41 and its 200 day simple moving average is $93.62.

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.