JPMorgan Dividend Leaders ETF (NYSEARCA:JDIV) Stock Jumps 0.3% – Still a Buy?

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

JPMorgan Dividend Leaders ETF Stock Performance

The company has a fifty day moving average price of $57.12 and a 200-day moving average price of $56.00. The firm has a market capitalization of $12.34 million, a PE ratio of 20.22 and a beta of 0.64.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of JDIV. Farther Finance Advisors LLC lifted its holdings in shares of JPMorgan Dividend Leaders ETF by 13.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,608 shares of the company’s stock worth $316,000 after acquiring an additional 670 shares during the last quarter. Integrated Wealth Concepts LLC bought a new position in JPMorgan Dividend Leaders ETF in the 2nd quarter valued at $325,000. Finally, Citadel Advisors LLC grew its holdings in shares of JPMorgan Dividend Leaders ETF by 80.4% in the second 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 during 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.