JPMorgan U.S. Tech Leaders ETF $JTEK Stock Sold by Founders Financial Securities LLC

Founders Financial Securities LLC cut its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 98.2% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 23,524 shares of the company’s stock after selling 1,278,971 shares during the period. Founders Financial Securities LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $2,475,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently bought and sold shares of JTEK. Royal Bank of Canada grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 30.5% in the 1st quarter. Royal Bank of Canada now owns 434,030 shares of the company’s stock valued at $34,524,000 after acquiring an additional 101,527 shares in the last quarter. Vestor Capital LLC grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 5,221.0% in the first quarter. Vestor Capital LLC now owns 361,189 shares of the company’s stock valued at $28,729,000 after acquiring an additional 354,401 shares in the last quarter. Wedbush Securities Inc. bought a new position in JPMorgan U.S. Tech Leaders ETF during the 2nd quarter worth $18,759,000. Envestnet Asset Management Inc. raised its holdings in JPMorgan U.S. Tech Leaders ETF by 33.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 221,237 shares of the company’s stock valued at $24,679,000 after acquiring an additional 55,111 shares in the last quarter. Finally, Kestra Advisory Services LLC lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 8.3% during the 1st quarter. Kestra Advisory Services LLC now owns 215,392 shares of the company’s stock valued at $17,132,000 after acquiring an additional 16,428 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Down 5.3%

JTEK stock opened at $93.95 on Friday. The company’s 50-day moving average price is $101.91 and its two-hundred day moving average price is $96.18. The firm has a market cap of $4.31 billion, a P/E ratio of 47.07 and a beta of 1.76. JPMorgan U.S. Tech Leaders ETF has a 12 month low of $75.25 and a 12 month high of $111.82.

JPMorgan U.S. Tech Leaders ETF Company 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.