Wedbush Securities Inc. Invests $18.76 Million in JPMorgan U.S. Tech Leaders ETF $JTEK

Wedbush Securities Inc. acquired a new stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 319,340 shares of the company’s stock, valued at approximately $18,759,000. Wedbush Securities Inc. owned 0.73% of JPMorgan U.S. Tech Leaders ETF as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Bank of America Corp DE lifted its holdings in shares of 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 last quarter. Cambridge Advisors Inc. boosted its position in JPMorgan U.S. Tech Leaders ETF by 7.9% in the first quarter. Cambridge Advisors Inc. now owns 3,441 shares of the company’s stock valued at $274,000 after buying an additional 251 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF in the fourth quarter valued at approximately $26,000. World Investment Advisors grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 4.3% during the fourth quarter. World Investment Advisors now owns 7,845 shares of the company’s stock worth $707,000 after buying an additional 325 shares during the last quarter. Finally, Truist Financial Corp grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 3.5% during the fourth quarter. Truist Financial Corp now owns 10,103 shares of the company’s stock worth $910,000 after buying an additional 344 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Price Performance

JPMorgan U.S. Tech Leaders ETF stock opened at $100.86 on Friday. The business has a 50 day moving average of $101.18 and a 200-day moving average of $95.29. JPMorgan U.S. Tech Leaders ETF has a 1 year low of $75.25 and a 1 year high of $111.82. The company has a market capitalization of $4.39 billion, a P/E ratio of 47.07 and a beta of 1.79.

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.