JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Update

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) saw a significant decline in short interest in August. As of August 14th, there was short interest totaling 30,882 shares, a decline of 75.5% from the July 30th total of 125,842 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average trading volume of 209,070 shares, the short-interest ratio is currently 0.1 days.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of JTEK opened at $100.86 on Friday. The firm has a market capitalization of $4.39 billion, a P/E ratio of 47.07 and a beta of 1.79. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $75.25 and a 52 week high of $111.82. The stock has a 50 day moving average price of $101.18 and a two-hundred day moving average price of $95.29.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC boosted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 152.0% in the 4th quarter. Sanctuary Advisors LLC now owns 82,885 shares of the company’s stock worth $7,466,000 after buying an additional 49,993 shares during the last quarter. Welch Financial Planning LLC bought a new position in JPMorgan U.S. Tech Leaders ETF in the 4th quarter valued at $7,686,000. JPMorgan Chase & Co. increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 17.1% during the 4th quarter. JPMorgan Chase & Co. now owns 4,597,385 shares of the company’s stock valued at $414,099,000 after purchasing an additional 672,534 shares during the last quarter. Composition Wealth LLC raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 2.8% during the 4th quarter. Composition Wealth LLC now owns 361,341 shares of the company’s stock worth $32,547,000 after purchasing an additional 9,764 shares during the period. Finally, North Star Asset Management Inc. purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth about $1,199,000.

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