JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) Stock Price Down 1% – Here’s Why

Shares of JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) dropped 1% during trading on Tuesday . The stock traded as low as $62.76 and last traded at $61.8202. Approximately 8 shares were traded during mid-day trading, a decline of 96% from the average daily volume of 206 shares. The stock had previously closed at $62.44.

JPMorgan Fundamental Data Science Mid Core ETF Stock Performance

The stock’s 50-day moving average is $60.81 and its two-hundred day moving average is $59.40. The stock has a market cap of $7.42 million, a PE ratio of 20.20 and a beta of 0.97.

JPMorgan Fundamental Data Science Mid Core ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were paid a dividend of $0.074 per share. The ex-dividend date of this dividend was Tuesday, March 24th. This represents a $0.30 annualized dividend and a yield of 0.5%.

Institutional Trading of JPMorgan Fundamental Data Science Mid Core ETF

An institutional investor recently raised its position in JPMorgan Fundamental Data Science Mid Core ETF stock. Truist Financial Corp increased its position in shares of JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) by 2.2% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 10,381 shares of the company’s stock after buying an additional 219 shares during the period. Truist Financial Corp owned about 7.42% of JPMorgan Fundamental Data Science Mid Core ETF worth $602,000 at the end of the most recent reporting period.

JPMorgan Fundamental Data Science Mid Core ETF Company Profile

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an exchange-traded fund that is based on the Russell Midcap index. The fund actively selects components using a fundamental based approach, picking US midcaps. MCDS was launched on Aug 7, 2024 and is issued by JPMorgan Chase.