JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Reaches New 52-Week High – Here’s What Happened

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) hit a new 52-week high on Friday . The company traded as high as $76.38 and last traded at $76.38, with a volume of 24673 shares. The stock had previously closed at $75.83.

JPMorgan U.S. Tech Leaders ETF Stock Up 0.8 %

The firm has a market cap of $778.46 million, a P/E ratio of 47.95 and a beta of 1.82. The business’s 50 day moving average is $70.46 and its two-hundred day moving average is $67.65.

Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF

A number of large investors have recently bought and sold shares of JTEK. HighTower Advisors LLC grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 22.7% during the third quarter. HighTower Advisors LLC now owns 18,282 shares of the company’s stock valued at $1,254,000 after buying an additional 3,387 shares during the last quarter. Tradition Wealth Management LLC lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 21.5% during the third quarter. Tradition Wealth Management LLC now owns 56,854 shares of the company’s stock valued at $3,904,000 after purchasing an additional 10,064 shares in the last quarter. Circle Wealth Management LLC raised its position in JPMorgan U.S. Tech Leaders ETF by 73.9% in the third quarter. Circle Wealth Management LLC now owns 7,060 shares of the company’s stock worth $485,000 after acquiring an additional 3,000 shares during the period. Vertex Planning Partners LLC raised its position in JPMorgan U.S. Tech Leaders ETF by 1.6% in the third quarter. Vertex Planning Partners LLC now owns 109,028 shares of the company’s stock worth $7,487,000 after acquiring an additional 1,684 shares during the period. Finally, SilverOak Wealth Management LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF in the third quarter worth about $264,000.

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.