Quadcap Wealth Management LLC decreased its holdings in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Free Report) by 17.2% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 78,734 shares of the company’s stock after selling 16,313 shares during the quarter. JPMorgan U.S. Tech Leaders ETF comprises about 0.7% of Quadcap Wealth Management LLC’s investment portfolio, making the stock its 29th largest holding. Quadcap Wealth Management LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $8,282,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of JTEK. Farther Finance Advisors LLC increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 420.0% during the third quarter. Farther Finance Advisors LLC now owns 1,482 shares of the company’s stock worth $156,000 after acquiring an additional 1,197 shares during the period. Waverly Advisors LLC boosted its holdings in JPMorgan U.S. Tech Leaders ETF by 21.3% in the first quarter. Waverly Advisors LLC now owns 1,981 shares of the company’s stock valued at $158,000 after purchasing an additional 348 shares during the period. Gateway Wealth Partners LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF in the first quarter valued at $207,000. Comprehensive Financial Planning Inc. PA grew its stake in JPMorgan U.S. Tech Leaders ETF by 14.4% during the 2nd quarter. Comprehensive Financial Planning Inc. PA now owns 2,114 shares of the company’s stock worth $236,000 after purchasing an additional 266 shares in the last quarter. Finally, Paradigm Strategies in Wealth Management LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF during the 1st quarter worth $245,000.
JPMorgan U.S. Tech Leaders ETF Price Performance
Shares of NASDAQ JTEK opened at $85.21 on Friday. The stock’s 50-day moving average is $101.24 and its two-hundred day moving average is $96.16. JPMorgan U.S. Tech Leaders ETF has a 1-year low of $75.25 and a 1-year high of $111.82. The company has a market cap of $3.89 billion, a price-to-earnings ratio of 47.07 and a beta of 1.81.
JPMorgan U.S. Tech Leaders ETF 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.
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