JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Shares Down 0.5% – Time to Sell?

Shares of JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) dropped 0.5% on Tuesday . The stock traded as low as $56.76 and last traded at $56.76. 467 shares traded hands during mid-day trading, a decline of 65% from the average daily volume of 1,330 shares. The stock had previously closed at $57.02.

JPMorgan Dividend Leaders ETF Stock Performance

The stock has a market cap of $11.31 million, a price-to-earnings ratio of 20.22 and a beta of 0.64. The company’s 50 day simple moving average is $56.14 and its 200 day simple moving average is $55.17.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Dividend Leaders ETF stock. Benjamin Edwards Inc. boosted its position in JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) by 6.5% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 21,072 shares of the company’s stock after purchasing an additional 1,279 shares during the period. Benjamin Edwards Inc. owned approximately 14.05% of JPMorgan Dividend Leaders ETF worth $1,090,000 as of its most recent SEC filing.

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.