JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Trading Down 0.6% – Should You Sell?

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC)’s share price dropped 0.6% on Friday . The stock traded as low as $55.49 and last traded at $55.49. Approximately 226 shares traded hands during mid-day trading, a decline of 62% from the average daily volume of 601 shares. The stock had previously closed at $55.85.

JPMorgan Healthcare Leaders ETF Price Performance

The firm has a market cap of $8.32 million, a PE ratio of 22.43 and a beta of 0.56. The business has a 50-day moving average price of $58.49 and a two-hundred day moving average price of $56.20.

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 issued a dividend of $0.5121 per share. This represents a yield of 88.0%. The ex-dividend date was Tuesday, December 16th.

Institutional Trading of JPMorgan Healthcare Leaders ETF

Institutional investors and hedge funds have recently modified their holdings of the business. Sanctuary Advisors LLC grew its position in shares of JPMorgan Healthcare Leaders ETF by 12.7% in the fourth quarter. Sanctuary Advisors LLC now owns 6,359 shares of the company’s stock valued at $368,000 after purchasing an additional 718 shares during the last quarter. Blue Water Asset Management acquired a new position in shares of JPMorgan Healthcare Leaders ETF during the 4th quarter worth approximately $237,000. Ignite Planners LLC raised its position 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 last quarter. Krilogy Financial LLC purchased a new stake in JPMorgan Healthcare Leaders ETF in the 3rd quarter valued at approximately $325,000. Finally, Jane Street Group LLC purchased a new stake in JPMorgan Healthcare Leaders ETF in the 2nd quarter valued at approximately $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.