JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Trading Down 0.6% – Time to Sell?

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV)’s stock price traded down 0.6% on Wednesday . The stock traded as low as $47.74 and last traded at $47.74. 99 shares were traded during trading, a decline of 82% from the average session volume of 540 shares. The stock had previously closed at $48.03.

JPMorgan Dividend Leaders ETF Stock Performance

The stock’s 50 day simple moving average is $48.09 and its 200-day simple moving average is $46.33. The firm has a market cap of $7.16 million and a price-to-earnings ratio of 21.45.

JPMorgan Dividend Leaders ETF Announces Dividend

The company also recently announced a dividend, which will be paid on Thursday, March 27th. Investors of record on Tuesday, March 25th will be given a $0.1173 dividend. The ex-dividend date of this dividend is Tuesday, March 25th.

Institutional Trading of JPMorgan Dividend Leaders ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. JPMorgan Chase & Co. acquired a new position in shares of JPMorgan Dividend Leaders ETF in the third quarter valued at about $4,861,000. Benjamin Edwards Inc. purchased a new stake in JPMorgan Dividend Leaders ETF in the fourth quarter valued at approximately $890,000. Finally, Jane Street Group LLC acquired a new position in JPMorgan Dividend Leaders ETF in the 4th quarter worth approximately $359,000.

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.