Miracle Mile Advisors LLC Makes New Investment in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)

Miracle Mile Advisors LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 265,413 shares of the company’s stock, valued at approximately $20,084,000.

A number of other large investors have also modified their holdings of the company. JPMorgan Chase & Co. raised its position in JPMorgan U.S. Tech Leaders ETF by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 3,973,820 shares of the company’s stock worth $272,882,000 after acquiring an additional 404,942 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the third quarter worth about $193,000. Private Advisor Group LLC boosted its position in JPMorgan U.S. Tech Leaders ETF by 125.3% during the third quarter. Private Advisor Group LLC now owns 8,185 shares of the company’s stock worth $562,000 after acquiring an additional 4,552 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in JPMorgan U.S. Tech Leaders ETF by 108.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 185,089 shares of the company’s stock valued at $12,817,000 after acquiring an additional 96,172 shares in the last quarter. Finally, Vertex Planning Partners LLC raised its holdings in JPMorgan U.S. Tech Leaders ETF by 1.6% in the 3rd quarter. Vertex Planning Partners LLC now owns 109,028 shares of the company’s stock valued at $7,487,000 after acquiring an additional 1,684 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Down 1.1 %

Shares of JPMorgan U.S. Tech Leaders ETF stock traded down $0.83 on Monday, hitting $75.33. 70,937 shares of the company were exchanged, compared to its average volume of 126,034. The company has a 50-day moving average price of $76.87 and a 200 day moving average price of $70.69. The stock has a market capitalization of $960.46 million, a price-to-earnings ratio of 47.95 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 1-year low of $55.66 and a 1-year high of $81.38.

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.