UBS Group AG Trims Holdings in JPMorgan U.S. Tech Leaders ETF $JTEK

UBS Group AG trimmed its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 2.7% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 439,134 shares of the company’s stock after selling 12,315 shares during the period. UBS Group AG owned about 1.18% of JPMorgan U.S. Tech Leaders ETF worth $39,554,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Sanctuary Advisors LLC lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 152.0% in the 4th quarter. Sanctuary Advisors LLC now owns 82,885 shares of the company’s stock valued at $7,466,000 after purchasing an additional 49,993 shares in the last quarter. Mattern Capital Management LLC lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 5.7% in the 4th quarter. Mattern Capital Management LLC now owns 4,730 shares of the company’s stock valued at $426,000 after purchasing an additional 255 shares in the last quarter. Mountain Capital Investment Advisors Inc. lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 22.3% in the 4th quarter. Mountain Capital Investment Advisors Inc. now owns 4,743 shares of the company’s stock valued at $429,000 after purchasing an additional 866 shares in the last quarter. SilverOak Wealth Management LLC lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 2.7% in the 4th quarter. SilverOak Wealth Management LLC now owns 128,041 shares of the company’s stock valued at $11,533,000 after purchasing an additional 3,326 shares in the last quarter. Finally, Private Wealth Partners LLC lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 39.3% in the 4th quarter. Private Wealth Partners LLC now owns 24,445 shares of the company’s stock valued at $2,202,000 after purchasing an additional 6,900 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Trading Down 0.9%

NASDAQ:JTEK opened at $100.67 on Friday. The firm has a market cap of $3.97 billion, a price-to-earnings ratio of 47.07 and a beta of 1.71. The company’s 50-day moving average is $86.05 and its two-hundred day moving average is $88.65. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $72.17 and a 12-month high of $102.09.

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.