JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Stock Price Down 0.5% – Should You Sell?

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

JPMorgan Dividend Leaders ETF Price Performance

The company’s 50-day moving average price is $56.13 and its 200-day moving average price is $55.15. The company has a market cap of $11.35 million, a P/E ratio of 20.22 and a beta of 0.64.

Hedge Funds Weigh In On JPMorgan Dividend Leaders ETF

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

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.