Avidian Wealth Enterprises LLC Buys New Stake in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)

Avidian Wealth Enterprises LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,819 shares of the company’s stock, valued at approximately $365,000.

A number of other large investors also recently added to or reduced their stakes in the stock. JPMorgan Chase & Co. raised its position in 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 acquiring an additional 404,942 shares during the period. Miracle Mile Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF during the fourth quarter worth $20,084,000. Vertex Planning Partners LLC raised its position in JPMorgan U.S. Tech Leaders ETF by 1.6% during the third quarter. Vertex Planning Partners LLC now owns 109,028 shares of the company’s stock worth $7,487,000 after acquiring an additional 1,684 shares during the period. Foundry Financial Group Inc. raised its position in JPMorgan U.S. Tech Leaders ETF by 4.7% during the third quarter. Foundry Financial Group Inc. now owns 98,400 shares of the company’s stock worth $6,757,000 after acquiring an additional 4,417 shares during the period. Finally, Hartford Financial Management Inc. raised its position in JPMorgan U.S. Tech Leaders ETF by 3.0% during the third quarter. Hartford Financial Management Inc. now owns 62,922 shares of the company’s stock worth $4,321,000 after acquiring an additional 1,824 shares during the period.

JPMorgan U.S. Tech Leaders ETF Stock Performance

NASDAQ:JTEK opened at $84.67 on Friday. The company has a fifty day moving average of $79.38 and a two-hundred day moving average of $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 fifty-two week low of $55.66 and a fifty-two week high of $84.72.

JPMorgan U.S. Tech Leaders ETF Company 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.