Renaissance Technologies LLC reduced its position in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Free Report) by 79.8% in the first quarter, HoldingsChannel.com reports. The firm owned 2,600 shares of the company’s stock after selling 10,300 shares during the period. Renaissance Technologies LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $207,000 at the end of the most recent quarter.
Several other large investors also recently modified their holdings of the business. Farther Finance Advisors LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF during the 4th quarter valued at about $26,000. International Assets Investment Management LLC bought a new position in JPMorgan U.S. Tech Leaders ETF during the 4th quarter valued at approximately $43,000. Advisory Services Network LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth approximately $56,000. Comerica Bank lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 80.0% in the 4th quarter. Comerica Bank now owns 900 shares of the company’s stock worth $81,000 after buying an additional 400 shares during the period. Finally, Bank of America Corp DE grew its position in shares of 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 worth $82,000 after buying an additional 1,032 shares during the last quarter.
JPMorgan U.S. Tech Leaders ETF Stock Performance
Shares of JTEK stock opened at $99.38 on Thursday. 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 firm has a market cap of $4.33 billion, a P/E ratio of 47.07 and a beta of 1.79. The business’s 50 day moving average price is $102.18 and its 200-day moving average price is $94.63.
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.
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