Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) Stock Price Crosses Below Two Hundred Day Moving Average – Time to Sell?

Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID)’s stock price passed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $30.68 and traded as low as $30.41. Janus Henderson Mid Cap Growth Alpha ETF shares last traded at $30.60, with a volume of 33,353 shares changing hands.

Janus Henderson Mid Cap Growth Alpha ETF Stock Performance

The company has a market capitalization of $21.42 million, a price-to-earnings ratio of 19.97 and a beta of 1.16. The company has a 50-day moving average price of $31.60 and a 200-day moving average price of $30.68.

Janus Henderson Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were paid a $0.0167 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This is a drop from Janus Henderson Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0404. This represents a $0.07 annualized dividend and a yield of 0.2%.

Hedge Funds Weigh In On Janus Henderson Mid Cap Growth Alpha ETF

An institutional investor recently raised its position in Janus Henderson Mid Cap Growth Alpha ETF stock. Quadcap Wealth Management LLC lifted its position in Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) by 18.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 232,226 shares of the company’s stock after buying an additional 36,464 shares during the period. Quadcap Wealth Management LLC owned about 38.70% of Janus Henderson Mid Cap Growth Alpha ETF worth $6,536,000 as of its most recent SEC filing.

About Janus Henderson Mid Cap Growth Alpha ETF

The Janus Henderson Mid Cap Growth Alpha ETF (JMID) is an exchange-traded fund that mostly invests in mid cap equity. The fund is actively managed, seeking long-term capital growth through investments in mid-cap US stocks exhibiting growth characteristics. JMID was launched on Sep 17, 2024 and is issued by Janus Henderson.