Jones Financial Companies Lllp Acquires 19,861 Shares of JPMorgan U.S. Tech Leaders ETF $JTEK

Jones Financial Companies Lllp raised its holdings in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 206.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 29,471 shares of the company’s stock after acquiring an additional 19,861 shares during the period. Jones Financial Companies Lllp’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $2,677,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of America Corp DE lifted its position in JPMorgan U.S. Tech Leaders ETF by 1,810.5% in the fourth quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock valued at $82,000 after purchasing an additional 1,032 shares during the last quarter. CWM LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF during the 2nd quarter valued at $110,000. Financial Management Professionals Inc. bought a new stake in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth $149,000. MGO One Seven LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the third quarter valued at about $201,000. Finally, Beaumont Financial Advisors LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter worth about $287,000.

JPMorgan U.S. Tech Leaders ETF Price Performance

Shares of NASDAQ:JTEK opened at $83.51 on Monday. The stock’s 50-day moving average is $90.36 and its 200 day moving average is $89.74. The company has a market cap of $3.13 billion, a PE ratio of 47.07 and a beta of 1.68. JPMorgan U.S. Tech Leaders ETF has a 1 year low of $56.40 and a 1 year high of $97.86.

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.