JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK – Get Free Report) was the recipient of a large increase in short interest in September. As of September 15th, there was short interest totalling 11,100 shares, an increase of 164.3% from the August 31st total of 4,200 shares. Based on an average daily volume of 104,200 shares, the short-interest ratio is presently 0.1 days.
Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF
A number of institutional investors have recently added to or reduced their stakes in JTEK. HighMark Wealth Management LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF during the first quarter valued at $108,000. Bank of New York Mellon Corp purchased a new position in JPMorgan U.S. Tech Leaders ETF in the 2nd quarter valued at about $265,000. Ignite Planners LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF in the 2nd quarter worth about $376,000. SFG Wealth Management LLC. purchased a new stake in JPMorgan U.S. Tech Leaders ETF during the 1st quarter worth approximately $639,000. Finally, Valley Wealth Managers Inc. acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF during the second quarter valued at approximately $1,786,000.
JPMorgan U.S. Tech Leaders ETF Trading Down 0.6 %
Shares of JTEK opened at $68.86 on Friday. The firm has a market cap of $583.93 million, a P/E 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 stock’s 50 day moving average is $65.15 and its two-hundred day moving average is $65.82.
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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