Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID) Trading 1% Higher – Should You Buy?

Janus Henderson Mid Cap Growth Alpha ETF (NASDAQ:JMID)’s share price was up 1% on Tuesday . The company traded as high as $30.80 and last traded at $30.76. Approximately 1,994 shares were traded during trading, a decline of 66% from the average session volume of 5,820 shares. The stock had previously closed at $30.46.

Janus Henderson Mid Cap Growth Alpha ETF Price Performance

The firm has a market capitalization of $23.99 million, a price-to-earnings ratio of 19.97 and a beta of 1.13. The firm has a 50 day moving average price of $31.15 and a 200-day moving average price of $30.15.

Janus Henderson Mid Cap Growth Alpha ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0404 per share. This is a positive change from Janus Henderson Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.03. The ex-dividend date was Tuesday, June 30th. This represents a $0.16 annualized dividend and a yield of 0.5%.

Institutional Investors Weigh In On Janus Henderson Mid Cap Growth Alpha ETF

A number of hedge funds have recently bought and sold shares of JMID. Quadcap Wealth Management LLC boosted its stake in shares of Janus Henderson Mid Cap Growth Alpha ETF by 18.6% in the 1st quarter. Quadcap Wealth Management LLC now owns 232,226 shares of the company’s stock valued at $6,536,000 after buying an additional 36,464 shares during the period. Brookwood Investment Group LLC increased its stake in shares of Janus Henderson Mid Cap Growth Alpha ETF by 1.4% during the fourth quarter. Brookwood Investment Group LLC now owns 76,176 shares of the company’s stock worth $2,216,000 after buying an additional 1,031 shares during the period. Royal Bank of Canada increased its stake in shares of Janus Henderson Mid Cap Growth Alpha ETF by 645.5% during the fourth quarter. Royal Bank of Canada now owns 22,380 shares of the company’s stock worth $651,000 after buying an additional 19,378 shares during the period. J.W. Cole Advisors Inc. raised its holdings in Janus Henderson Mid Cap Growth Alpha ETF by 40.0% in the fourth quarter. J.W. Cole Advisors Inc. now owns 18,502 shares of the company’s stock valued at $538,000 after acquiring an additional 5,287 shares in the last quarter. Finally, Bank of America Corp DE acquired a new stake in Janus Henderson Mid Cap Growth Alpha ETF in the second quarter valued at approximately $227,000.

Janus Henderson Mid Cap Growth Alpha ETF Company Profile

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.