Independent Financial Group LLC Takes Position in JPMorgan U.S. Tech Leaders ETF $JTEK

Independent Financial Group LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) during the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 35,536 shares of the company’s stock, valued at approximately $2,827,000.

A number of other large investors have also recently added to or reduced their stakes in JTEK. Farther Finance Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the fourth quarter worth approximately $26,000. International Assets Investment Management LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth $43,000. Advisory Services Network LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth $56,000. Capital Investment Advisory Services LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth $64,000. Finally, Comerica Bank raised its position in shares of JPMorgan U.S. Tech Leaders ETF by 80.0% during the fourth quarter. Comerica Bank now owns 900 shares of the company’s stock worth $81,000 after purchasing an additional 400 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Down 1.2%

Shares of JPMorgan U.S. Tech Leaders ETF stock opened at $97.88 on Friday. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $75.25 and a 12-month high of $111.82. The firm has a market capitalization of $4.55 billion, a PE ratio of 47.07 and a beta of 1.72. The stock’s fifty day moving average is $104.81 and its 200-day moving average is $93.38.

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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.