JPMorgan U.S. Tech Leaders ETF $JTEK Stock: Paradigm Strategies in Wealth Management LLC Increases Position

Paradigm Strategies in Wealth Management LLC grew its stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 184.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,979 shares of the company’s stock after purchasing an additional 22,682 shares during the period. JPMorgan U.S. Tech Leaders ETF makes up approximately 2.5% of Paradigm Strategies in Wealth Management LLC’s portfolio, making the stock its 12th biggest holding. Paradigm Strategies in Wealth Management LLC owned about 0.08% of JPMorgan U.S. Tech Leaders ETF worth $3,680,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the stock. Wedbush Securities Inc. purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 2nd quarter worth approximately $18,759,000. Symphony Financial Services Inc. grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 37.7% in the 1st quarter. Symphony Financial Services Inc. now owns 31,831 shares of the company’s stock worth $2,532,000 after acquiring an additional 8,717 shares during the period. Quadcap Wealth Management LLC grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 10.8% in the 1st quarter. Quadcap Wealth Management LLC now owns 103,122 shares of the company’s stock worth $8,202,000 after acquiring an additional 10,047 shares during the period. Avidian Wealth Enterprises LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter valued at approximately $525,000. Finally, Kestra Advisory Services LLC increased its stake in JPMorgan U.S. Tech Leaders ETF by 8.3% in the 1st quarter. Kestra Advisory Services LLC now owns 215,392 shares of the company’s stock valued at $17,132,000 after purchasing an additional 16,428 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Performance

JTEK stock traded down $4.54 during midday trading on Friday, hitting $97.40. 385,118 shares of the stock were exchanged, compared to its average volume of 289,629. The stock’s 50-day moving average price is $102.43 and its 200-day moving average price is $100.12. The stock has a market cap of $4.42 billion, a price-to-earnings ratio of 47.07 and a beta of 1.76. JPMorgan U.S. Tech Leaders ETF has a fifty-two week low of $75.25 and a fifty-two week 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.