JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Trading 0.5% Higher

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)’s stock price was up 0.5% on Wednesday . The company traded as high as $69.04 and last traded at $68.70. Approximately 78,577 shares traded hands during mid-day trading, an increase of 35% from the average daily volume of 58,292 shares. The stock had previously closed at $68.39.

JPMorgan U.S. Tech Leaders ETF Stock Performance

The company has a market cap of $405.11 million, a P/E ratio of 47.95 and a beta of 1.82. The firm has a 50 day moving average price of $65.28 and a 200-day moving average price of $63.65.

Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF

A number of large investors have recently added to or reduced their stakes in the stock. HighMark Wealth Management LLC bought a new position in shares of JPMorgan U.S. Tech Leaders ETF in the first quarter valued at approximately $108,000. SFG Wealth Management LLC. acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at $639,000. Finally, Ulland Investment Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at $1,371,000.

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.