JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Shares Down 0.3% – Should You Sell?

Shares of JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) traded down 0.3% on Thursday . The company traded as low as $58.69 and last traded at $58.98. 311 shares were traded during mid-day 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 company has a market cap of $8.85 million, a price-to-earnings ratio of 22.43 and a beta of 0.56. The business has a fifty day moving average price of $58.59 and a 200 day moving average price of $55.34.

JPMorgan Healthcare Leaders ETF Announces Dividend

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

Institutional Investors Weigh In On JPMorgan Healthcare Leaders ETF

Several hedge funds and other institutional investors have recently made changes to their positions in JDOC. Jane Street Group LLC bought a new position in JPMorgan Healthcare Leaders ETF in the 2nd quarter valued at approximately $1,166,000. Krilogy Financial LLC acquired a new position in shares of JPMorgan Healthcare Leaders ETF during the third quarter worth $325,000. Ignite Planners LLC increased its holdings 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 worth $553,000 after buying an additional 5,465 shares in the last quarter. Blue Water Asset Management bought a new position in shares of JPMorgan Healthcare Leaders ETF in the 4th quarter valued at $237,000. Finally, Sanctuary Advisors LLC lifted its stake in shares of JPMorgan Healthcare Leaders ETF by 12.7% in the 4th quarter. Sanctuary Advisors LLC now owns 6,359 shares of the company’s stock valued at $368,000 after acquiring an additional 718 shares during the last quarter.

About JPMorgan Healthcare Leaders ETF

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.