JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Sets New 12-Month High at $70.50

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $70.50 and last traded at $70.49, with a volume of 7515 shares changing hands. The stock had previously closed at $70.19.

JPMorgan U.S. Tech Leaders ETF Stock Up 0.4 %

The firm has a market cap of $535.72 million, a price-to-earnings ratio of 47.95 and a beta of 1.82. The company has a 50-day moving average price of $65.80 and a 200 day moving average price of $64.00.

Institutional Investors Weigh In On JPMorgan U.S. Tech Leaders ETF

A number of institutional investors have recently bought and sold shares of JTEK. HighMark Wealth Management LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the first quarter worth approximately $108,000. SFG Wealth Management LLC. purchased a new position in JPMorgan U.S. Tech Leaders ETF during the first quarter valued at approximately $639,000. Finally, Ulland Investment Advisors LLC acquired a new position in JPMorgan U.S. Tech Leaders ETF in the 1st quarter valued at approximately $1,371,000.

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.