Mutual Advisors LLC Sells 313 Shares of JPMorgan U.S. Tech Leaders ETF $JTEK

Mutual Advisors LLC reduced its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 9.5% during the second quarter, Holdings Channel.com reports. The institutional investor owned 2,974 shares of the company’s stock after selling 313 shares during the period. Mutual Advisors LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $254,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in JTEK. Bank of America Corp DE lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 1,810.5% in the fourth quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock worth $82,000 after buying an additional 1,032 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 3.7% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 18,859 shares of the company’s stock worth $1,267,000 after buying an additional 668 shares in the last quarter. Janney Montgomery Scott LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the first quarter worth about $305,000. Cambridge Investment Research Advisors Inc. lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 107.9% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 9,541 shares of the company’s stock worth $641,000 after buying an additional 4,952 shares in the last quarter. Finally, Valmark Advisers Inc. purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the first quarter worth about $210,000.

JPMorgan U.S. Tech Leaders ETF Trading Down 0.3%

NASDAQ:JTEK opened at $92.76 on Wednesday. The company has a market capitalization of $2.87 billion, a P/E ratio of 47.07 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 12 month low of $56.40 and a 12 month high of $95.23. The business’s 50-day moving average is $89.37 and its 200 day moving average is $81.46.

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.