Concurrent Investment Advisors LLC Makes New Investment in JPMorgan U.S. Tech Leaders ETF $JTEK

Concurrent Investment Advisors LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 4,583 shares of the company’s stock, valued at approximately $387,000.

Several other large investors also recently modified their holdings of the business. Valmark Advisers Inc. increased its position in shares of JPMorgan U.S. Tech Leaders ETF by 4.0% during the second quarter. Valmark Advisers Inc. now owns 3,246 shares of the company’s stock worth $274,000 after acquiring an additional 125 shares during the last quarter. HighTower Advisors LLC increased its holdings in JPMorgan U.S. Tech Leaders ETF by 1.7% during the 1st quarter. HighTower Advisors LLC now owns 19,396 shares of the company’s stock worth $1,303,000 after purchasing an additional 320 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF during the 1st quarter worth approximately $27,000. Capital Analysts LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at approximately $30,000. Finally, Wealth Enhancement Advisory Services LLC boosted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 3.7% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 18,859 shares of the company’s stock valued at $1,267,000 after buying an additional 668 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Trading Down 0.1%

JTEK stock opened at $91.65 on Friday. The firm has a 50 day simple moving average of $89.04 and a 200-day simple moving average of $81.03. The company has a market capitalization of $2.83 billion, a P/E ratio of 47.07 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a twelve month low of $56.40 and a twelve month high of $95.23.

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.