JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Trading Down 0.6% – Should You Sell?

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) traded down 0.6% on Wednesday . The stock traded as low as $47.74 and last traded at $47.74. 99 shares changed hands during mid-day trading, a decline of 82% from the average session volume of 540 shares. The stock had previously closed at $48.03.

JPMorgan Dividend Leaders ETF Price Performance

The stock has a market capitalization of $7.07 million and a price-to-earnings ratio of 21.45. The stock has a 50 day moving average price of $48.10 and a 200-day moving average price of $46.35.

JPMorgan Dividend Leaders ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were paid a $0.1173 dividend. The ex-dividend date was Tuesday, March 25th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. purchased a new position in JPMorgan Dividend Leaders ETF during the third quarter worth approximately $4,861,000. Jane Street Group LLC purchased a new stake in JPMorgan Dividend Leaders ETF in the 4th quarter valued at $359,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of JPMorgan Dividend Leaders ETF in the 4th quarter worth $890,000.

JPMorgan Dividend Leaders ETF Company Profile

The JPMorgan U.S. Dividend ETF (JDIV) is an exchange-traded fund that is based on the JP Morgan US Dividend index. The fund tracks an index of US large-cap equities with higher dividend yields, weighted for greater exposure to sectors with high risk-adjusted dividend yields. JDIV was launched on Sep 25, 2024 and is issued by JPMorgan Chase.