JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) Stock Price Down 0.9% – Here’s What Happened

JPMorgan Healthcare Leaders ETF (NASDAQ:JDOC) dropped 0.9% on Friday . The stock traded as low as $60.64 and last traded at $61.37. Approximately 95 shares traded hands during mid-day trading, a decline of 87% from the average daily volume of 752 shares. The stock had previously closed at $61.92.

JPMorgan Healthcare Leaders ETF Stock Performance

The stock has a market capitalization of $9.10 million, a P/E ratio of 22.43 and a beta of 0.39. The stock has a 50-day moving average price of $58.80 and a two-hundred day moving average price of $57.58.

Institutional Trading of JPMorgan Healthcare Leaders ETF

A number of institutional investors and hedge funds have recently added to or reduced their stakes in JDOC. Blue Water Asset Management bought a new stake in JPMorgan Healthcare Leaders ETF in the fourth quarter valued at $237,000. Sanctuary Advisors LLC raised its holdings in JPMorgan Healthcare Leaders ETF by 12.7% in the 4th 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. Ignite Planners LLC raised its holdings in JPMorgan Healthcare Leaders ETF by 136.8% in 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 in the last quarter. Finally, Jane Street Group LLC bought a new position in JPMorgan Healthcare Leaders ETF in the 2nd quarter worth $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.