NewEdge Advisors LLC Has $2.56 Million Position in JPMorgan U.S. Tech Leaders ETF $JTEK

NewEdge Advisors LLC lifted its stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 32.0% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,173 shares of the company’s stock after purchasing an additional 7,798 shares during the quarter. NewEdge Advisors LLC owned 0.08% of JPMorgan U.S. Tech Leaders ETF worth $2,559,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Bank of America Corp DE raised its holdings in JPMorgan U.S. Tech Leaders ETF by 1.5% in the 3rd quarter. Bank of America Corp DE now owns 15,160 shares of the company’s stock valued at $1,394,000 after buying an additional 230 shares during the last quarter. Cambridge Advisors Inc. boosted its position in JPMorgan U.S. Tech Leaders ETF by 7.9% during the first quarter. Cambridge Advisors Inc. now owns 3,441 shares of the company’s stock valued at $274,000 after acquiring an additional 251 shares during the last quarter. Mattern Capital Management LLC boosted its position in shares of JPMorgan U.S. Tech Leaders ETF by 5.7% during the 4th quarter. Mattern Capital Management LLC now owns 4,730 shares of the company’s stock valued at $426,000 after purchasing an additional 255 shares in the last quarter. Farther Finance Advisors LLC acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 4th quarter worth approximately $26,000. Finally, World Investment Advisors grew its holdings in JPMorgan U.S. Tech Leaders ETF by 4.3% in the fourth quarter. World Investment Advisors now owns 7,845 shares of the company’s stock worth $707,000 after purchasing an additional 325 shares during the period.

JPMorgan U.S. Tech Leaders ETF Trading Up 1.7%

Shares of NASDAQ JTEK opened at $104.73 on Friday. The firm has a market capitalization of $4.56 billion, a P/E ratio of 47.07 and a beta of 1.79. The firm’s 50-day moving average price is $102.16 and its 200-day moving average price is $94.32. JPMorgan U.S. Tech Leaders ETF has a 1-year low of $75.25 and a 1-year high of $111.82.

About JPMorgan U.S. Tech Leaders ETF

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.