Wedbush Securities Inc. Takes $18.76 Million Position in JPMorgan U.S. Tech Leaders ETF $JTEK

Wedbush Securities Inc. acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 319,340 shares of the company’s stock, valued at approximately $18,759,000.

Several other institutional investors have also recently made changes to their positions in the company. Farther Finance Advisors LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth about $26,000. International Assets Investment Management LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter valued at approximately $43,000. Advisory Services Network LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter valued at approximately $56,000. Comerica Bank lifted its holdings in 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 acquiring an additional 400 shares during the period. Finally, Bank of America Corp DE lifted its holdings in JPMorgan U.S. Tech Leaders ETF by 1,810.5% during the fourth quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock worth $82,000 after acquiring an additional 1,032 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of NASDAQ:JTEK opened at $100.86 on Friday. The company’s 50-day moving average is $101.18 and its 200 day moving average is $95.29. The company 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 fifty-two week low of $75.25 and a fifty-two week high of $111.82.

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.