JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Update

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) saw a large drop in short interest in February. As of February 13th, there was short interest totaling 37,310 shares, a drop of 55.7% from the January 29th total of 84,154 shares. Approximately 0.1% of the shares of the stock are short sold. Based on an average daily trading volume, of 444,191 shares, the short-interest ratio is presently 0.1 days. Based on an average daily trading volume, of 444,191 shares, the short-interest ratio is presently 0.1 days. Approximately 0.1% of the shares of the stock are short sold.

JPMorgan U.S. Tech Leaders ETF Stock Performance

JTEK traded down $1.38 during midday trading on Friday, hitting $83.59. The stock had a trading volume of 144,225 shares, compared to its average volume of 299,599. JPMorgan U.S. Tech Leaders ETF has a 1 year low of $56.40 and a 1 year high of $97.86. The business has a fifty day moving average of $88.57 and a 200 day moving average of $89.64. The company has a market cap of $3.13 billion, a P/E ratio of 47.07 and a beta of 1.68.

Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF

A number of large investors have recently added to or reduced their stakes in JTEK. Osaic Holdings Inc. increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 97.7% during the second quarter. Osaic Holdings Inc. now owns 57,018 shares of the company’s stock valued at $4,816,000 after acquiring an additional 28,184 shares in the last quarter. Guided Capital Wealth Management LLC lifted its position in JPMorgan U.S. Tech Leaders ETF by 21.1% in the 3rd quarter. Guided Capital Wealth Management LLC now owns 45,540 shares of the company’s stock valued at $4,188,000 after acquiring an additional 7,945 shares in the last quarter. Integras Partners LLC boosted its stake in JPMorgan U.S. Tech Leaders ETF by 54.0% during the 3rd quarter. Integras Partners LLC now owns 44,911 shares of the company’s stock valued at $4,130,000 after purchasing an additional 15,748 shares during the last quarter. Atticus Wealth Management LLC increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 3,954.1% in the 3rd quarter. Atticus Wealth Management LLC now owns 7,500 shares of the company’s stock worth $690,000 after purchasing an additional 7,315 shares in the last quarter. Finally, Freedom Financial Partners LLC increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 84.3% in the 3rd quarter. Freedom Financial Partners LLC now owns 76,584 shares of the company’s stock worth $7,043,000 after purchasing an additional 35,033 shares in the last quarter.

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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.