Envestnet Asset Management Inc. Boosts Holdings in JPMorgan U.S. Tech Leaders ETF $JTEK

Envestnet Asset Management Inc. grew its position in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 156.9% in the third quarter, Holdings Channel reports. The institutional investor owned 121,004 shares of the company’s stock after buying an additional 73,895 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $11,129,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of America Corp DE increased its stake in shares of JPMorgan U.S. Tech Leaders ETF by 1,810.5% during the fourth quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock worth $82,000 after acquiring an additional 1,032 shares during the period. Royal Bank of Canada increased its position in JPMorgan U.S. Tech Leaders ETF by 20.4% during the 1st quarter. Royal Bank of Canada now owns 59,843 shares of the company’s stock worth $4,020,000 after purchasing an additional 10,159 shares during the period. Goldman Sachs Group Inc. increased its position in JPMorgan U.S. Tech Leaders ETF by 196.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 23,069 shares of the company’s stock worth $1,550,000 after purchasing an additional 15,296 shares during the period. Jane Street Group LLC raised its stake in shares of JPMorgan U.S. Tech Leaders ETF by 327.2% during the 1st quarter. Jane Street Group LLC now owns 41,331 shares of the company’s stock worth $2,777,000 after buying an additional 31,656 shares in the last quarter. Finally, CWM LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF during the 2nd quarter worth approximately $110,000.

JPMorgan U.S. Tech Leaders ETF Price Performance

JPMorgan U.S. Tech Leaders ETF stock opened at $83.47 on Wednesday. The stock’s 50 day moving average price is $89.31 and its 200 day moving average price is $89.72. JPMorgan U.S. Tech Leaders ETF has a 1-year low of $56.40 and a 1-year high of $97.86. The company has a market cap of $3.13 billion, a PE ratio of 47.07 and a beta of 1.68.

JPMorgan U.S. Tech Leaders ETF 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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.