JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Shares Sold by Private Wealth Partners LLC

Private Wealth Partners LLC trimmed its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 30.7% in the third quarter, HoldingsChannel.com reports. The firm owned 28,475 shares of the company’s stock after selling 12,600 shares during the quarter. Private Wealth Partners LLC’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $1,955,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in JTEK. Wagner Wealth Management LLC grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 8.9% in the 3rd quarter. Wagner Wealth Management LLC now owns 1,855 shares of the company’s stock worth $127,000 after purchasing an additional 152 shares during the last quarter. Bank of New York Mellon Corp acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 2nd quarter valued at $265,000. Ignite Planners LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF in the 2nd quarter worth about $376,000. Private Advisor Group LLC lifted its stake in JPMorgan U.S. Tech Leaders ETF by 125.3% during the third quarter. Private Advisor Group LLC now owns 8,185 shares of the company’s stock valued at $562,000 after buying an additional 4,552 shares in the last quarter. Finally, Valley Wealth Managers Inc. acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF in the second quarter worth about $1,786,000.

JPMorgan U.S. Tech Leaders ETF Price Performance

JTEK stock opened at $69.68 on Friday. The firm has a market capitalization of $701.68 million, a P/E ratio of 47.95 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 52-week low of $49.14 and a 52-week high of $72.33. The company’s 50 day simple moving average is $67.93 and its 200-day simple moving average is $66.51.

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.