Short Interest in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Increases By 51.3%

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was the recipient of a significant growth in short interest in January. As of January 15th, there was short interest totaling 127,100 shares, a growth of 51.3% from the December 31st total of 84,014 shares. Based on an average daily volume of 211,968 shares, the short-interest ratio is currently 0.6 days. Approximately 0.3% of the company’s stock are short sold. Approximately 0.3% of the company’s stock are short sold. Based on an average daily volume of 211,968 shares, the short-interest ratio is currently 0.6 days.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the company. Farther Finance Advisors LLC bought a new position in shares of JPMorgan U.S. Tech Leaders ETF in the fourth quarter worth about $26,000. Comprehensive Financial Planning Inc. PA raised its stake in JPMorgan U.S. Tech Leaders ETF by 97.5% during the third quarter. Comprehensive Financial Planning Inc. PA now owns 476 shares of the company’s stock worth $44,000 after acquiring an additional 235 shares in the last quarter. Advisory Services Network LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the third quarter valued at about $56,000. Capital Investment Advisory Services LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth about $64,000. Finally, Comerica Bank increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 80.0% during the fourth quarter. Comerica Bank now owns 900 shares of the company’s stock worth $81,000 after buying an additional 400 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Up 0.4%

Shares of JPMorgan U.S. Tech Leaders ETF stock traded up $0.36 on Monday, hitting $88.41. 198,746 shares of the company traded hands, compared to its average volume of 238,263. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $56.40 and a 12-month high of $97.86. The company has a 50-day moving average price of $90.91 and a 200 day moving average price of $89.79. The company has a market cap of $3.29 billion, a PE ratio of 47.07 and a beta of 1.68.

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.