JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Shares Up 0.3% – Here’s What Happened

JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV)’s stock price shot up 0.3% on Monday. The company traded as high as $56.09 and last traded at $56.09. 638 shares traded hands during mid-day trading, a decline of 50% from the average session volume of 1,268 shares. The stock had previously closed at $55.95.

JPMorgan Dividend Leaders ETF Price Performance

The company has a market cap of $12.34 million, a P/E ratio of 20.22 and a beta of 0.64. The stock’s 50-day moving average is $57.12 and its two-hundred day moving average is $56.00.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Farther Finance Advisors LLC increased its position in JPMorgan Dividend Leaders ETF by 13.6% in the third quarter. Farther Finance Advisors LLC now owns 5,608 shares of the company’s stock worth $316,000 after buying an additional 670 shares in the last quarter. Integrated Wealth Concepts LLC purchased a new position in JPMorgan Dividend Leaders ETF in the 2nd quarter worth approximately $325,000. Finally, Citadel Advisors LLC lifted its holdings in JPMorgan Dividend Leaders ETF by 80.4% in the 2nd quarter. Citadel Advisors LLC now owns 18,133 shares of the company’s stock worth $1,022,000 after purchasing an additional 8,082 shares in the last 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.