BLVD Private Wealth LLC Invests $1.95 Million in JPMorgan U.S. Tech Leaders ETF $JTEK

BLVD Private Wealth LLC acquired a new stake in shares of JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) during the second quarter, Holdings Channel reports. The firm acquired 23,099 shares of the company’s stock, valued at approximately $1,951,000. JPMorgan U.S. Tech Leaders ETF comprises 1.8% of BLVD Private Wealth LLC’s investment portfolio, making the stock its 14th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in JTEK. Bank of America Corp DE lifted its stake in JPMorgan U.S. Tech Leaders ETF by 1,810.5% during the fourth quarter. Bank of America Corp DE now owns 1,089 shares of the company’s stock valued at $82,000 after purchasing an additional 1,032 shares during the last quarter. HighTower Advisors LLC increased its holdings 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. Raymond James Financial Inc. lifted its position in shares of JPMorgan U.S. Tech Leaders ETF by 2,704.8% during the 1st quarter. Raymond James Financial Inc. now owns 95,196 shares of the company’s stock valued at $6,396,000 after acquiring an additional 91,802 shares during the last quarter. Vertex Planning Partners LLC boosted its stake in shares of JPMorgan U.S. Tech Leaders ETF by 4.9% during the 1st quarter. Vertex Planning Partners LLC now owns 139,196 shares of the company’s stock worth $9,353,000 after acquiring an additional 6,563 shares in the last quarter. Finally, Tradition Wealth Management LLC grew its holdings in shares of JPMorgan U.S. Tech Leaders ETF by 16.5% in the 1st quarter. Tradition Wealth Management LLC now owns 123,529 shares of the company’s stock worth $8,300,000 after acquiring an additional 17,507 shares during the last quarter.

JPMorgan U.S. Tech Leaders ETF Trading Down 2.8%

JTEK stock opened at $89.93 on Friday. JPMorgan U.S. Tech Leaders ETF has a one year low of $56.40 and a one year high of $97.86. The firm has a 50-day moving average of $92.05 and a two-hundred day moving average of $87.39. The firm has a market capitalization of $2.89 billion, a PE ratio of 47.07 and a beta of 1.68.

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.