JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) Shares Up 0.4% – Here’s What Happened

JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS)’s share price was up 0.4% during mid-day trading on Tuesday . The company traded as high as $64.31 and last traded at $63.9285. Approximately 8 shares changed hands during mid-day trading, a decline of 97% from the average daily volume of 231 shares. The stock had previously closed at $63.68.

JPMorgan Fundamental Data Science Mid Core ETF Stock Up 0.4%

The stock has a fifty day moving average of $61.29 and a 200-day moving average of $59.91. The firm has a market capitalization of $7.67 million, a P/E ratio of 20.20 and a beta of 0.90.

JPMorgan Fundamental Data Science Mid Core ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Tuesday, March 24th were issued a $0.074 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Tuesday, March 24th.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in JPMorgan Fundamental Data Science Mid Core ETF stock. Truist Financial Corp lifted its holdings in JPMorgan Fundamental Data Science Mid Core ETF (NASDAQ:MCDS) by 2.2% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 10,381 shares of the company’s stock after buying an additional 219 shares during the quarter. Truist Financial Corp owned about 7.42% of JPMorgan Fundamental Data Science Mid Core ETF worth $602,000 at the end of the most recent quarter.

About JPMorgan Fundamental Data Science Mid Core ETF

The JPMorgan Fundamental Data Science Mid Core ETF (MCDS) is an exchange-traded fund that is based on the Russell Midcap index. The fund actively selects components using a fundamental based approach, picking US midcaps. MCDS was launched on Aug 7, 2024 and is issued by JPMorgan Chase.