JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) Trading Down 0.6% – Should You Sell?

JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS)’s stock price was down 0.6% during mid-day trading on Thursday . The stock traded as low as $62.17 and last traded at $61.9856. Approximately 17 shares changed hands during mid-day trading, a decline of 85% from the average daily volume of 113 shares. The stock had previously closed at $62.39.

JPMorgan Fundamental Data Science Mid Core ETF Trading Down 0.6%

The company has a market cap of $7.44 million, a PE ratio of 20.20 and a beta of 1.09. The stock has a 50 day moving average price of $60.24 and a 200 day moving average price of $58.54.

JPMorgan Fundamental Data Science Mid Core ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Tuesday, December 16th were given a dividend of $0.2474 per share. This is an increase from JPMorgan Fundamental Data Science Mid Core ETF’s previous quarterly dividend of $0.21. This represents a $0.99 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, December 16th.

Institutional Trading of JPMorgan Fundamental Data Science Mid Core ETF

A hedge fund recently raised its stake in JPMorgan Fundamental Data Science Mid Core ETF stock. Truist Financial Corp boosted its holdings in shares of JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) by 2.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 10,381 shares of the company’s stock after acquiring an additional 219 shares during the period. Truist Financial Corp owned 7.42% of JPMorgan Fundamental Data Science Mid Core ETF worth $602,000 at the end of the most recent reporting period.

About JPMorgan Fundamental Data Science Mid Core ETF

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an exchange-traded fund that is based on the Russell Midcap index. The fund actively selects components using a fundamental based approach, picking US midcaps. MCDS was launched on Aug 7, 2024 and is issued by JPMorgan Chase.