JPMorgan U.S. Tech Leaders ETF $JTEK is Hughes Financial Services LLC’s 4th Largest Position

Hughes Financial Services LLC increased its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 433,344.0% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 541,805 shares of the company’s stock after acquiring an additional 541,680 shares during the quarter. JPMorgan U.S. Tech Leaders ETF accounts for about 7.9% of Hughes Financial Services LLC’s investment portfolio, making the stock its 4th biggest holding. Hughes Financial Services LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $46,259,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of JTEK. Valmark Advisers Inc. grew its position in shares of JPMorgan U.S. Tech Leaders ETF by 4.0% during the 2nd quarter. Valmark Advisers Inc. now owns 3,246 shares of the company’s stock valued at $274,000 after acquiring an additional 125 shares during the period. HighTower Advisors LLC raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 1.7% in the first quarter. HighTower Advisors LLC now owns 19,396 shares of the company’s stock worth $1,303,000 after buying an additional 320 shares during the period. Mowery & Schoenfeld Wealth Management LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF during the 1st quarter valued at about $27,000. Avidian Wealth Enterprises LLC grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 8.6% during the 2nd quarter. Avidian Wealth Enterprises LLC now owns 5,242 shares of the company’s stock valued at $443,000 after acquiring an additional 414 shares during the period. Finally, Capital Analysts LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF in the 1st quarter worth approximately $30,000.

JPMorgan U.S. Tech Leaders ETF Trading Down 0.6%

NASDAQ JTEK opened at $91.95 on Monday. JPMorgan U.S. Tech Leaders ETF has a 12 month low of $56.40 and a 12 month high of $97.86. The stock has a market cap of $2.96 billion, a price-to-earnings ratio of 47.07 and a beta of 1.68. The company’s 50 day moving average is $91.98 and its two-hundred day moving average is $84.60.

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.