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

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 111,821 shares, an increase of 79.4% from the August 31st total of 62,334 shares. Approximately 0.3% of the shares of the company are short sold. Based on an average daily volume of 257,817 shares, the short-interest ratio is currently 0.4 days.

JPMorgan U.S. Tech Leaders ETF Price Performance

NASDAQ:JTEK traded up $0.80 during midday trading on Tuesday, reaching $104.53. 323,726 shares of the company traded hands, compared to its average volume of 294,440. The firm has a market capitalization of $4.69 billion, a price-to-earnings ratio of 47.07 and a beta of 1.79. The company has a fifty day moving average price of $100.02 and a 200 day moving average price of $97.92. JPMorgan U.S. Tech Leaders ETF has a twelve month low of $75.25 and a twelve month high of $111.82.

Hedge Funds Weigh In On JPMorgan U.S. Tech Leaders ETF

Several institutional investors have recently modified their holdings of JTEK. Cambridge Advisors Inc. lifted its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 7.9% in the first quarter. Cambridge Advisors Inc. now owns 3,441 shares of the company’s stock valued at $274,000 after purchasing an additional 251 shares in the last quarter. 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 valued at $236,000 after acquiring an additional 266 shares in the last quarter. World Investment Advisors increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 4.3% in the 4th quarter. World Investment Advisors now owns 7,845 shares of the company’s stock valued at $707,000 after purchasing an additional 325 shares during the period. Waverly Advisors LLC lifted its position in shares of 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 worth $158,000 after purchasing an additional 348 shares in the last quarter. Finally, Archford Capital Strategies LLC boosted its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 4.2% during the second quarter. Archford Capital Strategies LLC now owns 11,991 shares of the company’s stock worth $1,338,000 after purchasing an additional 480 shares during the period.

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.