JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Reaches New 52-Week High – Should You Buy?

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEKGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.38 and last traded at $81.07, with a volume of 6349 shares. The stock had previously closed at $81.22.

JPMorgan U.S. Tech Leaders ETF Trading Down 2.0 %

The stock has a market capitalization of $795.47 million, a PE ratio of 47.95 and a beta of 1.82. The business’s 50 day moving average is $73.16 and its 200 day moving average is $68.89.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of JTEK. Wagner Wealth Management LLC lifted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 8.9% during the 3rd quarter. Wagner Wealth Management LLC now owns 1,855 shares of the company’s stock worth $127,000 after acquiring an additional 152 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF in the third quarter worth $193,000. Indie Asset Partners LLC lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 7.3% during the third quarter. Indie Asset Partners LLC now owns 3,296 shares of the company’s stock worth $226,000 after purchasing an additional 225 shares during the last quarter. World Investment Advisors LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the third quarter worth $251,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the second quarter valued at $265,000.

About JPMorgan U.S. Tech Leaders ETF

(Get 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

Receive News & Ratings for JPMorgan U.S. Tech Leaders ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for JPMorgan U.S. Tech Leaders ETF and related companies with MarketBeat.com's FREE daily email newsletter.