JPMorgan U.S. Tech Leaders ETF $JTEK Stock Sold by MBL Wealth LLC

MBL Wealth LLC decreased its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 43.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 9,210 shares of the company’s stock after selling 7,044 shares during the quarter. MBL Wealth LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $969,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Vestor Capital LLC raised its position in shares of JPMorgan U.S. Tech Leaders ETF by 5,221.0% during the 1st quarter. Vestor Capital LLC now owns 361,189 shares of the company’s stock valued at $28,729,000 after buying an additional 354,401 shares in the last quarter. Wedbush Securities Inc. purchased a new position in JPMorgan U.S. Tech Leaders ETF in the second quarter worth $18,759,000. Pine Valley Investments Ltd Liability Co grew its position in JPMorgan U.S. Tech Leaders ETF by 352.9% in the first quarter. Pine Valley Investments Ltd Liability Co now owns 142,357 shares of the company’s stock worth $11,323,000 after acquiring an additional 110,923 shares in the last quarter. Royal Bank of Canada grew its position in JPMorgan U.S. Tech Leaders ETF by 30.5% in the first quarter. Royal Bank of Canada now owns 434,030 shares of the company’s stock worth $34,524,000 after acquiring an additional 101,527 shares in the last quarter. Finally, Hartford Financial Management Inc. purchased a new position in JPMorgan U.S. Tech Leaders ETF in the third quarter worth $7,404,000.

JPMorgan U.S. Tech Leaders ETF Stock Up 0.9%

JTEK opened at $98.56 on Friday. The stock has a market cap of $4.50 billion, a PE ratio of 47.07 and a beta of 1.76. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $75.25 and a 52 week high of $111.82. The business’s fifty day simple moving average is $102.03 and its 200 day simple moving average is $100.80.

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.