A wealth advisor said goodbye to a tech ETF but not to the sector

2026-05-10 09:47:01 ET

On May 7, 2026, Resolute Wealth Strategies, LLC reported selling its entire stake in J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Tech Leaders ETF (NASDAQ:JTEK) , an estimated $2.93 million trade based on quarterly average pricing.

According to a SEC filing dated May 7, 2026, Resolute Wealth Strategies, LLC liquidated its position in J.P. Morgan Exchange-Traded Fund Trust - JPMorgan U.S. Tech Leaders ETF, selling 34,133 shares. The estimated transaction value was approximately $2.93 million, based on the mean unadjusted close from January 1 to March 31, 2026. The fund held no shares after the trade. The position's quarter-end value changed by -$3.07 million, a figure that reflects both share sales and price fluctuations.

JPMorgan U.S. Tech Leaders ETF seeks to capture the performance of leading U.S. technology and technology-enabled companies through a rules-based, actively managed approach. The fund is designed to identify firms where future growth prospects are underestimated by the market, providing investors with targeted exposure to high-conviction technology equities. With a substantial asset base and a focus on market leadership, the ETF aims to deliver differentiated returns within the technology sector.

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