JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Update

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was the recipient of a large increase in short interest in December. As of December 15th, there was short interest totaling 155,741 shares, an increase of 162.8% from the November 30th total of 59,268 shares. Based on an average daily trading volume, of 169,968 shares, the short-interest ratio is currently 0.9 days. Approximately 0.5% of the company’s stock are sold short. Approximately 0.5% of the company’s stock are sold short. Based on an average daily trading volume, of 169,968 shares, the short-interest ratio is currently 0.9 days.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

A number of hedge funds have recently made changes to their positions in the stock. IFP Advisors Inc increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 51.7% during the third quarter. IFP Advisors Inc now owns 5,197 shares of the company’s stock valued at $478,000 after acquiring an additional 1,772 shares in the last quarter. TD Capital Management LLC lifted its position in JPMorgan U.S. Tech Leaders ETF by 4,418.2% during the third quarter. TD Capital Management LLC now owns 2,982 shares of the company’s stock valued at $274,000 after purchasing an additional 2,916 shares during the period. Advisory Services Network LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 3rd quarter worth $56,000. Vertex Planning Partners LLC boosted its position in JPMorgan U.S. Tech Leaders ETF by 3.7% in the third quarter. Vertex Planning Partners LLC now owns 148,577 shares of the company’s stock worth $13,665,000 after purchasing an additional 5,337 shares during the last quarter. Finally, NewEdge Advisors LLC purchased a new position in shares of JPMorgan U.S. Tech Leaders ETF in the third quarter worth approximately $558,000.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of JPMorgan U.S. Tech Leaders ETF stock traded down $0.10 during trading on Friday, hitting $91.90. The company’s stock had a trading volume of 88,763 shares, compared to its average volume of 244,753. JPMorgan U.S. Tech Leaders ETF has a 52 week low of $56.40 and a 52 week high of $97.86. The company has a market capitalization of $2.95 billion, a PE ratio of 47.07 and a beta of 1.68. The company has a fifty day simple moving average of $91.58 and a two-hundred day simple moving average of $88.09.

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. JTEK was launched on Oct 4, 2023 and is issued by JPMorgan Chase.