Lazard Japanese Equity ETF (NASDAQ:JPY) Trading 0.3% Higher Following Dividend Announcement

Shares of Lazard Japanese Equity ETF (NASDAQ:JPY) were up 0.3% during mid-day trading on Thursday after the company announced a dividend. The company traded as high as $32.09 and last traded at $31.90. Approximately 2,381 shares traded hands during mid-day trading, a decline of 75% from the average daily volume of 9,350 shares. The stock had previously closed at $31.82.

The newly announced dividend which will be paid on Monday, December 22nd. Stockholders of record on Friday, December 19th will be issued a dividend of $0.2096 per share. The ex-dividend date of this dividend is Friday, December 19th.

Lazard Japanese Equity ETF Trading Down 0.0%

The stock has a 50 day moving average price of $31.83 and a 200-day moving average price of $30.43. The stock has a market capitalization of $60.59 million, a PE ratio of 13.38 and a beta of 1.79.

Institutional Investors Weigh In On Lazard Japanese Equity ETF

A number of large investors have recently added to or reduced their stakes in JPY. Lazard Asset Management LLC purchased a new position in shares of Lazard Japanese Equity ETF during the 2nd quarter valued at about $32,460,000. Permanens Capital L.P. bought a new stake in Lazard Japanese Equity ETF in the 3rd quarter worth $17,443,000. Citadel Advisors LLC bought a new stake in shares of Lazard Japanese Equity ETF in the third quarter worth about $2,017,000. PNC Financial Services Group Inc. purchased a new position in shares of Lazard Japanese Equity ETF during the third quarter valued at approximately $1,161,000. Finally, Jane Street Group LLC purchased a new stake in shares of Lazard Japanese Equity ETF in the 2nd quarter worth about $338,000.

Lazard Japanese Equity ETF Company Profile

The Lazard Japanese Equity ETF (JPY) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed, seeking long-term capital appreciation through investments in equities and equity-related securities traded on Japanese markets. JPY was launched on Apr 4, 2025 and is issued by Lazard.