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

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was up 0.5% during trading on Wednesday . The stock traded as high as $69.04 and last traded at $68.70. Approximately 78,577 shares changed hands during 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 Trading Up 0.5 %

The stock has a 50 day moving average of $65.13 and a 200-day moving average of $63.61. The company has a market capitalization of $401.90 million, a P/E ratio of 47.95 and a beta of 1.82.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. HighMark Wealth Management LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF during the 1st quarter valued at $108,000. SFG Wealth Management LLC. purchased a new stake in JPMorgan U.S. Tech Leaders ETF during the 1st quarter valued at $639,000. Finally, Ulland Investment Advisors LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF during the 1st quarter valued at $1,371,000.

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.