JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Trading Down 0.3% – Here’s Why

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) shares fell 0.3% on Thursday . The company traded as low as $58.69 and last traded at $58.98. 311 shares changed hands during trading, a decline of 56% from the average session volume of 712 shares. The stock had previously closed at $59.14.

JPMorgan Healthcare Leaders ETF Stock Performance

The firm has a market capitalization of $8.82 million, a P/E ratio of 22.43 and a beta of 0.56. The business has a fifty day moving average of $58.61 and a 200-day moving average of $55.40.

JPMorgan Healthcare Leaders ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Thursday, December 18th. Stockholders of record on Tuesday, December 16th were paid a $0.5121 dividend. The ex-dividend date of this dividend was Tuesday, December 16th. This represents a dividend yield of 88.0%.

Institutional Investors Weigh In On JPMorgan Healthcare Leaders ETF

Several institutional investors have recently bought and sold shares of JDOC. Jane Street Group LLC acquired a new position in JPMorgan Healthcare Leaders ETF during the 2nd quarter valued at about $1,166,000. Krilogy Financial LLC bought a new position in shares of JPMorgan Healthcare Leaders ETF in the third quarter valued at approximately $325,000. Ignite Planners LLC increased 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 valued at $553,000 after acquiring an additional 5,465 shares during the period. Blue Water Asset Management bought a new stake in JPMorgan Healthcare Leaders ETF during the fourth quarter worth approximately $237,000. Finally, Sanctuary Advisors LLC raised its holdings in JPMorgan Healthcare Leaders ETF by 12.7% during the fourth quarter. Sanctuary Advisors LLC now owns 6,359 shares of the company’s stock worth $368,000 after purchasing an additional 718 shares in the last quarter.

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.