Short Interest in JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) Rises By 133.2%

JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) was the target of a large increase in short interest during the month of September. As of September 15th, there was short interest totaling 83,500 shares, an increase of 133.2% from the August 31st total of 35,800 shares. Based on an average daily volume of 228,300 shares, the short-interest ratio is presently 0.4 days. Based on an average daily volume of 228,300 shares, the short-interest ratio is presently 0.4 days.

Hedge Funds Weigh In On JPMorgan U.S. Tech Leaders ETF

Institutional investors and hedge funds have recently modified their holdings of the business. World Investment Advisors raised its stake in JPMorgan U.S. Tech Leaders ETF by 72.2% in the 1st quarter. World Investment Advisors now owns 6,200 shares of the company’s stock worth $417,000 after purchasing an additional 2,600 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 196.8% during the first quarter. Goldman Sachs Group Inc. now owns 23,069 shares of the company’s stock worth $1,550,000 after purchasing an additional 15,296 shares during the period. Silver Oak Securities Incorporated raised its position in shares of JPMorgan U.S. Tech Leaders ETF by 190.7% in the second quarter. Silver Oak Securities Incorporated now owns 10,363 shares of the company’s stock valued at $875,000 after buying an additional 6,798 shares in the last quarter. HighTower Advisors LLC raised its position in shares of JPMorgan U.S. Tech Leaders ETF by 1.7% in the first quarter. HighTower Advisors LLC now owns 19,396 shares of the company’s stock valued at $1,303,000 after buying an additional 320 shares in the last quarter. Finally, Valmark Advisers Inc. bought a new stake in shares of JPMorgan U.S. Tech Leaders ETF in the first quarter valued at approximately $210,000.

JPMorgan U.S. Tech Leaders ETF Price Performance

Shares of NASDAQ JTEK opened at $92.86 on Monday. The firm has a market cap of $2.75 billion, a price-to-earnings ratio of 47.07 and a beta of 1.82. The stock’s fifty day moving average price is $87.43 and its two-hundred day moving average price is $79.51. JPMorgan U.S. Tech Leaders ETF has a one year low of $56.40 and a one year high of $93.85.

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.