Nvidia-fueled JHDV ETF Sees 25x Surge in Volume

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

The fund’s top holding, Nvidia, remains in focus as ARK Invest continues to trim its position amid concerns over stretched AI valuations and rising competition, even as Wall Street analysts broadly maintain a Strong Buy view backed by optimism around the company’s Rubin Ultra Pods data-center strategy. Apple, another major weight in the ETF, is pushing deeper into AI with the hire of a senior Google alum to lead AI product marketing and plans to unveil a revamped Siri powered by Alphabet’s Gemini model, moves that analysts see as key to reviving iPhone demand despite fresh pressure from Intel’s competing “Wildcat Lake” laptops. Microsoft, also a significant holding, is navigating its sharpest share-price slump since 2008 driven by worries over massive AI capex and cloud competition, yet the company still enjoys a Strong Buy consensus and is tightening costs with selective hiring freezes while continuing to invest heavily in data centers, gaming content, and AI tools like Copilot. Among the smaller but still meaningful positions, Chevron is benefiting from higher energy prices even as weather damage at its Wheatstone LNG plant in Australia limits output for weeks, Broadcom just secured a major $970 million U.S. defense cloud contract that strengthens its VMware platform strategy, and Pfizer is back in the spotlight as it advances a promising Lyme disease vaccine and other pipeline assets aimed at offsetting weaker COVID revenues and looming patent losses.