Avidian Wealth Enterprises LLC Invests $365,000 in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)

Avidian Wealth Enterprises LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEKFree Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 4,819 shares of the company’s stock, valued at approximately $365,000.

Several other hedge funds have also made changes to their positions in JTEK. JPMorgan Chase & Co. lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 11.3% during the third quarter. JPMorgan Chase & Co. now owns 3,973,820 shares of the company’s stock worth $272,882,000 after purchasing an additional 404,942 shares in the last quarter. Miracle Mile Advisors LLC acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth about $20,084,000. Kingsview Wealth Management LLC acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth about $1,297,000. Krilogy Financial LLC acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth about $773,000. Finally, Tradition Wealth Management LLC lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 21.5% during the third quarter. Tradition Wealth Management LLC now owns 56,854 shares of the company’s stock worth $3,904,000 after purchasing an additional 10,064 shares in the last quarter.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of JTEK opened at $84.67 on Friday. The company’s 50-day simple moving average is $79.38 and its 200-day simple moving average is $72.53. The stock has a market capitalization of $1.18 billion, a PE ratio of 47.95 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 1 year low of $55.66 and a 1 year high of $84.72.

About JPMorgan U.S. Tech Leaders ETF

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)

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