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) crossed below its 200-day moving average during trading on Friday. The stock has a 200-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 Price Performance

The firm’s 50 day moving average is $31.60 and its two-hundred day moving average is $30.68. The firm has a market capitalization of $21.42 million, a P/E ratio of 19.97 and a beta of 1.16.

Janus Henderson Mid Cap Growth Alpha ETF Cuts Dividend

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

Institutional Inflows and Outflows

An institutional investor recently raised its position in Janus Henderson Mid Cap Growth Alpha ETF stock. Quadcap Wealth Management LLC grew 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 and Exchange Commission (SEC). The firm owned 232,226 shares of the company’s stock after acquiring 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 at the end of the most recent quarter.

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.