JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Trading Down 0.1% – Should You Sell?

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC)’s stock price was down 0.1% during mid-day trading on Monday . The company traded as low as $63.85 and last traded at $64.17. Approximately 1,007 shares were traded during trading, an increase of 39% from the average daily volume of 725 shares. The stock had previously closed at $64.25.

JPMorgan Healthcare Leaders ETF Price Performance

The firm has a 50-day moving average of $60.57 and a 200 day moving average of $57.93. The company has a market capitalization of $9.63 million, a PE ratio of 22.43 and a beta of 0.39.

Institutional Trading of JPMorgan Healthcare Leaders ETF

Institutional investors have recently made changes to their positions in the stock. Blue Water Asset Management bought a new stake in shares of JPMorgan Healthcare Leaders ETF in the fourth quarter worth approximately $237,000. Sanctuary Advisors LLC grew its position in JPMorgan Healthcare Leaders ETF by 12.7% in the 4th quarter. Sanctuary Advisors LLC now owns 6,359 shares of the company’s stock worth $368,000 after purchasing an additional 718 shares during the period. Ignite Planners LLC grew its position in JPMorgan Healthcare Leaders ETF by 136.8% in the 4th quarter. Ignite Planners LLC now owns 9,460 shares of the company’s stock worth $553,000 after purchasing an additional 5,465 shares during the period. Finally, Jane Street Group LLC purchased a new stake in JPMorgan Healthcare Leaders ETF during the 2nd quarter valued at $1,166,000.

About JPMorgan Healthcare Leaders ETF

The JPMorgan Healthcare Leaders ETF Healthcare Leaders ETF (JDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed, investing in equity securities issued by pharmaceutical, biotechnology, healthcare services, healthcare technology, medical technology and life sciences companies located around the globe.The adviser seeks to provide long-term capital appreciation. JDOC was launched on Nov 1, 2023 and is issued by JPMorgan Chase.