Royal Bank of Canada Buys 101,527 Shares of JPMorgan U.S. Tech Leaders ETF $JTEK

Royal Bank of Canada raised its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 30.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 434,030 shares of the company’s stock after buying an additional 101,527 shares during the period. Royal Bank of Canada owned about 1.10% of JPMorgan U.S. Tech Leaders ETF worth $34,524,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in JTEK. Bank of America Corp DE raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 1,810.5% during the fourth quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock valued at $82,000 after acquiring an additional 1,032 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in JPMorgan U.S. Tech Leaders ETF by 196.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 23,069 shares of the company’s stock worth $1,550,000 after purchasing an additional 15,296 shares during the period. Jane Street Group LLC increased its holdings in JPMorgan U.S. Tech Leaders ETF by 327.2% during the 1st quarter. Jane Street Group LLC now owns 41,331 shares of the company’s stock worth $2,777,000 after purchasing an additional 31,656 shares during the period. Raymond James Financial Inc. raised its position in JPMorgan U.S. Tech Leaders ETF by 23.8% during the 2nd quarter. Raymond James Financial Inc. now owns 117,874 shares of the company’s stock valued at $9,956,000 after purchasing an additional 22,678 shares in the last quarter. Finally, CreativeOne Wealth LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF during the 3rd quarter valued at $382,000.

JPMorgan U.S. Tech Leaders ETF Trading Up 2.8%

Shares of JTEK stock opened at $97.06 on Tuesday. JPMorgan U.S. Tech Leaders ETF has a twelve month low of $75.25 and a twelve month high of $111.82. The stock has a market capitalization of $4.23 billion, a price-to-earnings ratio of 47.07 and a beta of 1.79. The stock has a fifty day simple moving average of $103.20 and a two-hundred day simple moving average of $93.68.

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.