Lazard Japanese Equity ETF (NASDAQ:JPY) Trading Up 0.3% After Dividend Announcement

Shares of Lazard Japanese Equity ETF (NASDAQ:JPY) were up 0.3% during mid-day trading on Thursday after the company announced a dividend. The company traded as high as $32.09 and last traded at $31.90. Approximately 2,381 shares changed hands during trading, a decline of 75% from the average daily volume of 9,350 shares. The stock had previously closed at $31.82.

The newly announced dividend which will be paid on Monday, December 22nd. Investors of record on Friday, December 19th will be issued a $0.2096 dividend. The ex-dividend date is Friday, December 19th.

Lazard Japanese Equity ETF Stock Performance

The firm has a market cap of $60.59 million, a PE ratio of 13.38 and a beta of 1.79. The stock has a 50-day simple moving average of $31.83 and a two-hundred day simple moving average of $30.43.

Institutional Investors Weigh In On Lazard Japanese Equity ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC purchased a new stake in shares of Lazard Japanese Equity ETF in the second quarter worth $338,000. Lazard Asset Management LLC bought a new position in Lazard Japanese Equity ETF in the 2nd quarter worth $32,460,000. PNC Financial Services Group Inc. purchased a new stake in Lazard Japanese Equity ETF in the 3rd quarter worth $1,161,000. Citadel Advisors LLC purchased a new stake in Lazard Japanese Equity ETF in the 3rd quarter worth $2,017,000. Finally, Permanens Capital L.P. bought a new stake in Lazard Japanese Equity ETF during the third quarter valued at about $17,443,000.

Lazard Japanese Equity ETF Company Profile

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.