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

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) shares passed above its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $90.22 and traded as high as $90.68. Small/Mid Cap Growth Alpha ETF shares last traded at $90.33, with a volume of 77,931 shares traded.

Small/Mid Cap Growth Alpha ETF Price Performance

The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 19.55 and a beta of 1.17. The company has a fifty day moving average price of $89.97 and a two-hundred day moving average price of $90.23.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

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

Institutional Investors Weigh In On Small/Mid Cap Growth Alpha ETF

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sanctuary Advisors LLC boosted its position in shares of Small/Mid Cap Growth Alpha ETF by 2.1% during the 1st quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock valued at $476,000 after purchasing an additional 125 shares in the last quarter. Z3 Capital Partners LLC grew its stake in shares of Small/Mid Cap Growth Alpha ETF by 0.4% in the 3rd quarter. Z3 Capital Partners LLC now owns 73,988 shares of the company’s stock worth $6,607,000 after purchasing an additional 261 shares during the last quarter. Cornerstone Wealth Management LLC grew its stake in shares of Small/Mid Cap Growth Alpha ETF by 12.6% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 2,967 shares of the company’s stock worth $265,000 after purchasing an additional 333 shares during the last quarter. Ashton Thomas Private Wealth LLC lifted its stake in Small/Mid Cap Growth Alpha ETF by 2.7% during the third quarter. Ashton Thomas Private Wealth LLC now owns 13,546 shares of the company’s stock valued at $1,210,000 after purchasing an additional 362 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new stake in Small/Mid Cap Growth Alpha ETF during the second quarter valued at approximately $51,000.

About Small/Mid Cap Growth Alpha ETF

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.