JHDV Volume Surges 25-Fold as Nvidia, Microsoft Sway

John Hancock U.S. High Dividend ETF (JHDV) has seen unusual trading volume, which is 25× higher than its average daily volume.

The ETF’s largest holding, Nvidia, has been in focus as ARK Invest continues to trim its position amid concerns about lofty AI valuations and sector risks, even as Nvidia’s fundamentals remain strong with robust data center growth and a still-bullish Wall Street outlook. Another key weight, Microsoft, has slid sharply this year on worries about heavy AI spending and competition in cloud, yet analysts broadly view the recent pullback as an opportunity, citing solid double-digit revenue growth and strong upside potential. Vertiv Holdings has turned volatile after a big run-up, with its shares sliding on profit-taking following S&P 500 inclusion and the ThermoKey acquisition, while Chevron is contending with production disruptions at its Wheatstone LNG plant in Australia that could tighten global LNG supply even as its Gorgon facility returns to full output and the stock continues to trend higher.