Short Interest in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Grows By 140.2%

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) saw a large increase in short interest in February. As of February 15th, there was short interest totalling 29,300 shares, an increase of 140.2% from the January 31st total of 12,200 shares. Based on an average daily volume of 155,000 shares, the short-interest ratio is currently 0.2 days.

Institutional Trading of JPMorgan U.S. Tech Leaders ETF

A number of hedge funds have recently bought and sold shares of JTEK. Private Advisor Group LLC lifted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 125.3% during the 3rd quarter. Private Advisor Group LLC now owns 8,185 shares of the company’s stock worth $562,000 after purchasing an additional 4,552 shares during the period. Hartford Financial Management Inc. lifted its position in JPMorgan U.S. Tech Leaders ETF by 3.0% during the third quarter. Hartford Financial Management Inc. now owns 62,922 shares of the company’s stock worth $4,321,000 after buying an additional 1,824 shares during the period. Indie Asset Partners LLC boosted its stake in JPMorgan U.S. Tech Leaders ETF by 7.3% in the 3rd quarter. Indie Asset Partners LLC now owns 3,296 shares of the company’s stock worth $226,000 after buying an additional 225 shares during the last quarter. SilverOak Wealth Management LLC purchased a new stake in JPMorgan U.S. Tech Leaders ETF in the 3rd quarter valued at about $264,000. Finally, Vertex Planning Partners LLC increased its stake in shares of JPMorgan U.S. Tech Leaders ETF by 1.6% during the 3rd quarter. Vertex Planning Partners LLC now owns 109,028 shares of the company’s stock valued at $7,487,000 after acquiring an additional 1,684 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Price Performance

JPMorgan U.S. Tech Leaders ETF stock opened at $76.68 on Friday. The stock has a market capitalization of $1.07 billion, a P/E ratio of 47.95 and a beta of 1.82. JPMorgan U.S. Tech Leaders ETF has a 12-month low of $55.66 and a 12-month high of $85.28. The firm’s 50-day moving average is $79.80 and its two-hundred day moving average is $73.94.

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.