JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Trading Down 0.6% – What’s Next?

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC)’s stock price fell 0.6% during mid-day trading on Friday . The company traded as low as $55.49 and last traded at $55.49. 226 shares changed hands during mid-day trading, a decline of 62% from the average session volume of 601 shares. The stock had previously closed at $55.85.

JPMorgan Healthcare Leaders ETF Trading Down 0.6%

The company has a market cap of $8.32 million, a PE ratio of 22.43 and a beta of 0.56. The company has a fifty day simple moving average of $58.49 and a two-hundred day simple moving average of $56.23.

JPMorgan Healthcare Leaders ETF Dividend Announcement

The company also recently announced an annual dividend, which was paid on Thursday, December 18th. Investors of record on Tuesday, December 16th were paid a dividend of $0.5121 per share. This represents a dividend yield of 88.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in JDOC. Blue Water Asset Management acquired a new position in JPMorgan Healthcare Leaders ETF during the 4th quarter worth approximately $237,000. Krilogy Financial LLC acquired a new stake in shares of JPMorgan Healthcare Leaders ETF in the 3rd quarter valued at $325,000. Sanctuary Advisors LLC lifted its position in shares of JPMorgan Healthcare Leaders ETF by 12.7% during the 4th quarter. Sanctuary Advisors LLC now owns 6,359 shares of the company’s stock worth $368,000 after purchasing an additional 718 shares during the last quarter. Ignite Planners LLC grew its stake in shares of JPMorgan Healthcare Leaders ETF by 136.8% during the fourth quarter. Ignite Planners LLC now owns 9,460 shares of the company’s stock worth $553,000 after purchasing an additional 5,465 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of JPMorgan Healthcare Leaders ETF during the second quarter worth $1,166,000.

JPMorgan Healthcare Leaders ETF Company Profile

The JPMorgan Healthcare Leaders ETF Healthcare Leaders ETF (JDOC) is an exchange-traded fund that mostly invests in health care equity. The fund is actively managed, investing in equity securities issued by pharmaceutical, biotechnology, healthcare services, healthcare technology, medical technology and life sciences companies located around the globe.The adviser seeks to provide long-term capital appreciation. JDOC was launched on Nov 1, 2023 and is issued by JPMorgan Chase.