Valmark Advisers Inc. Has $274,000 Stock Position in JPMorgan U.S. Tech Leaders ETF $JTEK

Valmark Advisers Inc. grew its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 4.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,246 shares of the company’s stock after purchasing an additional 125 shares during the period. Valmark Advisers Inc.’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $274,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of JTEK. Bank of America Corp DE increased its position in 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 purchasing an additional 1,032 shares during the last quarter. Krilogy Financial LLC increased its position in JPMorgan U.S. Tech Leaders ETF by 40.4% in the 1st quarter. Krilogy Financial LLC now owns 14,339 shares of the company’s stock worth $963,000 after purchasing an additional 4,125 shares during the last quarter. CVA Family Office LLC increased its position in JPMorgan U.S. Tech Leaders ETF by 122.5% in the 1st quarter. CVA Family Office LLC now owns 22,013 shares of the company’s stock worth $1,479,000 after purchasing an additional 12,121 shares during the last quarter. Tritonpoint Wealth LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 1st quarter worth about $498,000. Finally, Wealth Enhancement Advisory Services LLC increased its position in JPMorgan U.S. Tech Leaders ETF by 3.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 18,859 shares of the company’s stock worth $1,267,000 after purchasing an additional 668 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Price Performance

Shares of JTEK stock opened at $90.76 on Friday. JPMorgan U.S. Tech Leaders ETF has a fifty-two week low of $56.40 and a fifty-two week high of $95.23. The stock’s 50-day moving average is $88.29 and its two-hundred day moving average is $80.15. The firm has a market cap of $2.74 billion, a P/E ratio of 47.07 and a beta of 1.82.

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.