Renasant Bank Takes $6.83 Million Position in JPMorgan U.S. Tech Leaders ETF $JTEK

Renasant Bank acquired a new position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) during the 2nd quarter, HoldingsChannel.com reports. The firm acquired 61,260 shares of the company’s stock, valued at approximately $6,834,000. JPMorgan U.S. Tech Leaders ETF comprises about 4.4% of Renasant Bank’s investment portfolio, making the stock its 3rd biggest holding.

A number of other hedge funds have also recently made changes to their positions in JTEK. Bank of America Corp DE increased its holdings in JPMorgan U.S. Tech Leaders ETF by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 15,160 shares of the company’s stock valued at $1,394,000 after purchasing an additional 230 shares during the last quarter. Cambridge Advisors Inc. raised 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 purchasing an additional 251 shares during the period. Farther Finance Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth $26,000. World Investment Advisors lifted its stake in 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 purchasing an additional 325 shares in the last quarter. Finally, Truist Financial Corp boosted its position 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 period.

JPMorgan U.S. Tech Leaders ETF Stock Up 0.5%

JTEK opened at $101.32 on Tuesday. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $75.25 and a 52 week high of $111.82. The business has a fifty day simple moving average of $101.01 and a 200-day simple moving average of $95.47. The firm has a market cap of $4.41 billion, a P/E ratio of 47.07 and a beta of 1.79.

JPMorgan U.S. Tech Leaders ETF Company 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.