JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Stock Price Down 1.3% – Here’s Why

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

JPMorgan Dividend Leaders ETF Stock Performance

The stock has a market cap of $6.77 million and a PE ratio of 19.97. The firm has a 50-day moving average price of $47.16 and a 200-day moving average price of $47.43.

Institutional Investors Weigh In On JPMorgan Dividend Leaders ETF

A number of institutional investors have recently made changes to their positions in the company. Jane Street Group LLC purchased a new position in JPMorgan Dividend Leaders ETF in the 4th quarter worth about $359,000. Benjamin Edwards Inc. purchased a new position in shares of JPMorgan Dividend Leaders ETF during the fourth quarter valued at approximately $890,000. Finally, JPMorgan Chase & Co. bought a new position in JPMorgan Dividend Leaders ETF during the third quarter valued at approximately $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.