Renaissance Technologies LLC Sells 10,300 Shares of JPMorgan U.S. Tech Leaders ETF $JTEK

Renaissance Technologies LLC trimmed its holdings in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 79.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 2,600 shares of the company’s stock after selling 10,300 shares during the period. Renaissance Technologies LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $207,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Farther Finance Advisors LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the 4th quarter valued at about $26,000. International Assets Investment Management LLC bought a new position in JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth approximately $43,000. Advisory Services Network LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth approximately $56,000. Comerica Bank increased its stake in JPMorgan U.S. Tech Leaders ETF by 80.0% in the 4th quarter. Comerica Bank now owns 900 shares of the company’s stock worth $81,000 after purchasing an additional 400 shares during the period. Finally, Bank of America Corp DE increased its stake in JPMorgan U.S. Tech Leaders ETF by 1,810.5% in the 4th quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock worth $82,000 after purchasing an additional 1,032 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of JTEK stock opened at $99.38 on Thursday. The company has a market capitalization of $4.33 billion, a P/E ratio of 47.07 and a beta of 1.79. JPMorgan U.S. Tech Leaders ETF has a fifty-two week low of $75.25 and a fifty-two week high of $111.82. The stock has a 50 day moving average price of $102.18 and a two-hundred day moving average price of $94.63.

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.