JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Stock Price Down 1.2% – Here’s What Happened

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

JPMorgan Dividend Leaders ETF Price Performance

The firm’s 50 day simple moving average is $56.35 and its 200 day simple moving average is $55.45. The company has a market cap of $12.56 million, a price-to-earnings ratio of 20.22 and a beta of 0.64.

Institutional Trading of JPMorgan Dividend Leaders ETF

An institutional investor recently raised its position in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. grew its holdings in shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% in the second quarter, according to its most recent filing with the SEC. The firm owned 21,072 shares of the company’s stock after acquiring an additional 1,279 shares during the quarter. Benjamin Edwards Inc. owned about 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.