JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Get Free Report) saw a significant increase in short interest in the month of July. As of July 31st, there was short interest totalling 19,600 shares, an increase of 63.3% from the July 15th total of 12,000 shares. Based on an average trading volume of 93,000 shares, the days-to-cover ratio is presently 0.2 days.
JPMorgan U.S. Tech Leaders ETF Trading Down 0.2 %
Shares of NASDAQ:JTEK traded down $0.12 during trading on Wednesday, hitting $63.92. 97,782 shares of the stock were exchanged, compared to its average volume of 69,898. The company has a market cap of $542.04 million, a PE ratio of 47.95 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $46.57 and a 12-month high of $72.33. The company has a fifty day moving average price of $66.98 and a two-hundred day moving average price of $65.54.
Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF
Institutional investors have recently bought and sold shares of the stock. Ulland Investment Advisors LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at about $1,371,000. SFG Wealth Management LLC. bought a new position in shares of JPMorgan U.S. Tech Leaders ETF during the first quarter worth about $639,000. HighMark Wealth Management LLC bought a new stake in JPMorgan U.S. Tech Leaders ETF during the 1st quarter valued at $108,000. Ignite Planners LLC bought a new position in shares of JPMorgan U.S. Tech Leaders ETF in the second quarter worth $376,000. Finally, MBL Wealth LLC bought a new position in JPMorgan U.S. Tech Leaders ETF during the 2nd quarter valued at $2,431,000.
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.
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