JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Reaches New 12-Month High – What’s Next?

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEKGet Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $85.28 and last traded at $85.07, with a volume of 139967 shares. The stock had previously closed at $84.70.

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

The stock has a market cap of $1.19 billion, a price-to-earnings ratio of 47.95 and a beta of 1.82. The company’s 50-day simple moving average is $79.65 and its 200-day simple moving average is $73.03.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in JTEK. Comerica Bank acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth approximately $38,000. Briaud Financial Planning Inc acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth approximately $57,000. Bank of America Corp DE boosted 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. Wagner Wealth Management LLC boosted its stake in JPMorgan U.S. Tech Leaders ETF by 22.0% in the 4th quarter. Wagner Wealth Management LLC now owns 2,264 shares of the company’s stock worth $171,000 after purchasing an additional 409 shares during the period. Finally, Sanctuary Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth approximately $193,000.

About JPMorgan U.S. Tech Leaders ETF

(Get Free Report)

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.

Featured Articles

Receive News & Ratings for JPMorgan U.S. Tech Leaders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Tech Leaders ETF and related companies with MarketBeat.com's FREE daily email newsletter.