JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Reaches New 1-Year High at $70.50

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.50 and last traded at $70.49, with a volume of 7515 shares traded. The stock had previously closed at $70.19.

JPMorgan U.S. Tech Leaders ETF Trading Up 0.4 %

The company’s 50 day simple moving average is $65.80 and its 200 day simple moving average is $64.00. The stock has a market capitalization of $535.72 million, a PE ratio of 47.95 and a beta of 1.82.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

Hedge funds have recently added to or reduced their stakes in the business. HighMark Wealth Management LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF during the 1st quarter valued at about $108,000. SFG Wealth Management LLC. acquired a new position in JPMorgan U.S. Tech Leaders ETF during the first quarter worth approximately $639,000. Finally, Ulland Investment Advisors LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF during the first quarter worth approximately $1,371,000.

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.