JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Shares Down 1.3% – Here’s What Happened

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV)’s stock price traded down 1.3% during trading on Wednesday . The company traded as low as $44.91 and last traded at $44.91. 6 shares changed hands during trading, a decline of 99% from the average session volume of 553 shares. The stock had previously closed at $45.49.

JPMorgan Dividend Leaders ETF Stock Down 1.3 %

The stock has a fifty day moving average price of $47.23 and a two-hundred day moving average price of $47.45. The company has a market capitalization of $6.74 million and a price-to-earnings ratio of 19.97.

Hedge Funds Weigh In On JPMorgan Dividend Leaders ETF

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

About JPMorgan Dividend Leaders ETF

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.