Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Share Price Crosses Above 200 Day Moving Average – Here’s What Happened

Shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) passed above its 200-day moving average during trading on Thursday. The stock has a 200-day moving average of $90.16 and traded as high as $91.32. Small/Mid Cap Growth Alpha ETF shares last traded at $90.93, with a volume of 32,569 shares traded.

Small/Mid Cap Growth Alpha ETF Stock Up 0.9%

The company’s 50 day moving average price is $91.02 and its two-hundred day moving average price is $90.16. The stock has a market cap of $1.05 billion, a P/E ratio of 19.08 and a beta of 1.16.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0460 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, September 30th. This is a negative change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0819.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. Sanctuary Advisors LLC increased its holdings in Small/Mid Cap Growth Alpha ETF by 2.1% during the first quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock valued at $476,000 after buying an additional 125 shares during the period. Integrated Wealth Concepts LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF during the second quarter worth $51,000. Pension & Wealth Management Advisors Inc. lifted its holdings in Small/Mid Cap Growth Alpha ETF by 2.5% during the third quarter. Pension & Wealth Management Advisors Inc. now owns 23,265 shares of the company’s stock worth $2,078,000 after buying an additional 576 shares during the period. Breakwater Capital Group boosted its position in Small/Mid Cap Growth Alpha ETF by 2.5% during the 3rd quarter. Breakwater Capital Group now owns 34,842 shares of the company’s stock valued at $3,111,000 after acquiring an additional 845 shares in the last quarter. Finally, IFP Advisors Inc boosted its position in Small/Mid Cap Growth Alpha ETF by 6.3% during the 3rd quarter. IFP Advisors Inc now owns 15,197 shares of the company’s stock valued at $1,357,000 after acquiring an additional 894 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Company Profile

The Janus Henderson Small\u002FMid Cap Growth Alpha ETF (JSMD) is an exchange-traded fund that is based on the Janus Small Mid Cap Growth Alpha index. The fund tracks an index of US small- and mid-cap stocks with strong fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Triton Fund. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.