Envestnet Asset Management Inc. Trims Position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK)

Envestnet Asset Management Inc. trimmed its position in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) by 13.6% during the 4th quarter, HoldingsChannel reports. The firm owned 34,034 shares of the company’s stock after selling 5,349 shares during the period. Envestnet Asset Management Inc.’s holdings in JPMorgan U.S. Tech Leaders ETF were worth $2,575,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in JTEK. Wells Fargo & Company MN lifted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 56,790.3% in the 4th quarter. Wells Fargo & Company MN now owns 87,611 shares of the company’s stock worth $6,630,000 after purchasing an additional 87,457 shares during the period. Vertex Planning Partners LLC raised its position in JPMorgan U.S. Tech Leaders ETF by 21.7% in the fourth quarter. Vertex Planning Partners LLC now owns 132,633 shares of the company’s stock worth $10,036,000 after acquiring an additional 23,605 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 6.3% during the 4th quarter. JPMorgan Chase & Co. now owns 4,226,077 shares of the company’s stock worth $319,787,000 after acquiring an additional 252,257 shares during the last quarter. LPL Financial LLC grew its position in shares of JPMorgan U.S. Tech Leaders ETF by 20.6% during the 4th quarter. LPL Financial LLC now owns 140,686 shares of the company’s stock valued at $10,646,000 after acquiring an additional 24,013 shares during the period. Finally, Integras Partners LLC purchased a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the 4th quarter worth $5,307,000.

JPMorgan U.S. Tech Leaders ETF Stock Performance

Shares of JPMorgan U.S. Tech Leaders ETF stock opened at $69.46 on Friday. The stock’s fifty day moving average is $69.24 and its 200 day moving average is $74.28. JPMorgan U.S. Tech Leaders ETF has a one year low of $55.66 and a one year high of $85.28. The stock has a market cap of $1.43 billion, a P/E ratio of 32.53 and a beta of 1.82.

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.