JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Short Interest Down 66.2% in November

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was the recipient of a significant drop in short interest during the month of November. As of November 30th, there was short interest totalling 23,000 shares, a drop of 66.2% from the November 15th total of 68,000 shares. Based on an average daily volume of 89,500 shares, the short-interest ratio is presently 0.3 days.

JPMorgan U.S. Tech Leaders ETF Trading Up 2.2 %

Shares of NASDAQ JTEK traded up $1.69 during trading on Wednesday, reaching $79.83. 117,082 shares of the company traded hands, compared to its average volume of 75,312. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $55.66 and a 12-month high of $81.38. The stock has a market cap of $812.67 million, a P/E ratio of 47.95 and a beta of 1.82. The firm’s fifty day simple moving average is $73.40 and its 200 day simple moving average is $68.96.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JTEK. Wagner Wealth Management LLC grew its stake in shares of JPMorgan U.S. Tech Leaders ETF by 8.9% during 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 period. Sanctuary Advisors LLC acquired a new position in shares of JPMorgan U.S. Tech Leaders ETF in the 3rd quarter valued at $193,000. Indie Asset Partners LLC boosted its holdings in JPMorgan U.S. Tech Leaders ETF by 7.3% during the third quarter. Indie Asset Partners LLC now owns 3,296 shares of the company’s stock worth $226,000 after buying an additional 225 shares in the last quarter. World Investment Advisors LLC acquired a new stake in JPMorgan U.S. Tech Leaders ETF during the third quarter valued at $251,000. Finally, SilverOak Wealth Management LLC purchased a new position in JPMorgan U.S. Tech Leaders ETF in the third quarter valued at $264,000.

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.