JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Trading Down 1.2% – Should You Sell?

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) shares fell 1.2% during mid-day trading on Wednesday . The company traded as low as $55.98 and last traded at $55.98. Approximately 267 shares were traded during mid-day trading, a decline of 79% from the average session volume of 1,253 shares. The stock had previously closed at $56.67.

JPMorgan Dividend Leaders ETF Stock Performance

The firm has a market capitalization of $12.32 million, a price-to-earnings ratio of 20.22 and a beta of 0.64. The business has a fifty day moving average of $56.33 and a two-hundred day moving average of $55.43.

Hedge Funds Weigh In On JPMorgan Dividend Leaders ETF

An institutional investor recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. grew its stake in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,072 shares of the company’s stock after purchasing an additional 1,279 shares during the quarter. Benjamin Edwards Inc. owned approximately 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 as of its most recent SEC filing.

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.