JPMorgan Healthcare Leaders ETF (JDOC)
JPMorgan Healthcare Leaders ETF operates in the Asset Management industry of the Financial Services sector, headquartered in New York, NY, US. The stock last traded at $62.34, up 3.67% on the session, giving a market capitalisation of $12.5M. Its beta of 0.44 implies it has historically moved less than the broad market.
The fund primarily allocates its capital to the common stock of companies within the broad healthcare sector, specifically targeting businesses engaged in pharmaceuticals, biotechnology, healthcare services, health technology, medical technology, and life sciences. The adviser seeks out industry leaders in these areas whose potential for future growth, both in scale and longevity, is believed to be underestimated by the market. Under typical market conditions, a minimum of 80% of the fund's assets will be invested in the equity securities of such healthcare-related enterprises.
JPMorgan Healthcare Leaders ETF is most often compared with the following Financial Services names: