JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Trading Down 0.6% – What’s Next?

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

JPMorgan Dividend Leaders ETF Stock Performance

The firm has a 50-day moving average price of $48.09 and a two-hundred day moving average price of $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 business also recently disclosed a dividend, which will be paid on Thursday, March 27th. Shareholders of record on Tuesday, March 25th will be issued a dividend of $0.1173 per share. The ex-dividend date is Tuesday, March 25th.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Jane Street Group LLC purchased a new stake in JPMorgan Dividend Leaders ETF in the fourth quarter valued at $359,000. Benjamin Edwards Inc. purchased a new position in shares of JPMorgan Dividend Leaders ETF during the fourth quarter worth about $890,000. Finally, JPMorgan Chase & Co. purchased a new stake in shares of JPMorgan Dividend Leaders ETF in the 3rd quarter valued at about $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.