Concurrent Investment Advisors LLC Buys New Stake in JPMorgan U.S. Tech Leaders ETF $JTEK

Concurrent Investment Advisors LLC bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) during the 2nd quarter, Holdings Channel reports. The firm bought 4,583 shares of the company’s stock, valued at approximately $387,000.

Several other institutional investors and hedge funds also recently modified their holdings of JTEK. World Investment Advisors increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 72.2% during the first quarter. World Investment Advisors now owns 6,200 shares of the company’s stock valued at $417,000 after purchasing an additional 2,600 shares during the period. Goldman Sachs Group Inc. grew its position in JPMorgan U.S. Tech Leaders ETF by 196.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 23,069 shares of the company’s stock valued at $1,550,000 after buying an additional 15,296 shares in the last quarter. Silver Oak Securities Incorporated increased its stake in JPMorgan U.S. Tech Leaders ETF by 190.7% during the 2nd quarter. Silver Oak Securities Incorporated now owns 10,363 shares of the company’s stock valued at $875,000 after buying an additional 6,798 shares during the period. HighTower Advisors LLC raised its position in shares of JPMorgan U.S. Tech Leaders ETF by 1.7% during the 1st quarter. HighTower Advisors LLC now owns 19,396 shares of the company’s stock worth $1,303,000 after buying an additional 320 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF during the 1st quarter worth about $210,000.

JPMorgan U.S. Tech Leaders ETF Price Performance

JPMorgan U.S. Tech Leaders ETF stock opened at $91.65 on Friday. The firm has a 50 day simple moving average of $89.04 and a 200-day simple moving average of $81.03. The stock has a market capitalization of $2.83 billion, a PE ratio of 47.07 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $56.40 and a 12-month high of $95.23.

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.