JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Shares Down 1% – Here’s What Happened

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) traded down 1% during trading on Thursday . The stock traded as low as $61.26 and last traded at $61.41. 33 shares changed hands during mid-day trading, a decline of 96% from the average daily volume of 806 shares. The stock had previously closed at $62.03.

JPMorgan Healthcare Leaders ETF Stock Down 1.0%

The company has a market capitalization of $9.21 million, a P/E ratio of 22.43 and a beta of 0.39. The firm has a 50-day moving average price of $57.19 and a two-hundred day moving average price of $57.33.

Hedge Funds Weigh In On JPMorgan Healthcare Leaders ETF

Several large investors have recently bought and sold shares of JDOC. Blue Water Asset Management bought a new stake in JPMorgan Healthcare Leaders ETF in the 4th quarter valued at $237,000. Sanctuary Advisors LLC grew its position in JPMorgan Healthcare Leaders ETF by 12.7% in 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 increased its holdings in shares of JPMorgan Healthcare Leaders ETF by 136.8% during the 4th quarter. Ignite Planners LLC now owns 9,460 shares of the company’s stock worth $553,000 after purchasing an additional 5,465 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of JPMorgan Healthcare Leaders ETF during the 2nd quarter worth about $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.