JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Stock Price Down 1.3% – Should You Sell?

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) shares dropped 1.3% during trading on Wednesday . The stock traded as low as $44.91 and last traded at $44.91. Approximately 6 shares traded hands during mid-day 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 Up 0.4 %

The company has a market cap of $6.77 million and a P/E ratio of 19.97. The company has a fifty day moving average of $47.16 and a 200 day moving average of $47.43.

Institutional Trading of JPMorgan Dividend Leaders ETF

Several large investors have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. purchased a new stake in JPMorgan Dividend Leaders ETF in the 3rd quarter worth approximately $4,861,000. Benjamin Edwards Inc. bought a new position in shares of JPMorgan Dividend Leaders ETF in the fourth quarter worth approximately $890,000. Finally, Jane Street Group LLC purchased a new stake in shares of JPMorgan Dividend Leaders ETF in the fourth quarter worth $359,000.

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.