Systelligence LLC Makes New $8.65 Million Investment in Small/Mid Cap Growth Alpha ETF $JSMD

Systelligence LLC acquired a new position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the 2nd quarter, HoldingsChannel.com reports. The firm acquired 111,425 shares of the company’s stock, valued at approximately $8,652,000. Small/Mid Cap Growth Alpha ETF comprises approximately 1.6% of Systelligence LLC’s investment portfolio, making the stock its 25th biggest position.

Other hedge funds also recently added to or reduced their stakes in the company. Independence Bank of Kentucky acquired a new position in Small/Mid Cap Growth Alpha ETF during the 2nd quarter worth $29,000. Arlington Trust Co LLC acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the 1st quarter valued at about $26,000. Private Trust Co. NA acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the 1st quarter valued at about $49,000. Main Line Retirement Advisors LLC acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the 2nd quarter valued at about $273,000. Finally, Cetera Investment Advisers boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 10.7% in the 1st quarter. Cetera Investment Advisers now owns 4,366 shares of the company’s stock valued at $306,000 after buying an additional 423 shares during the period.

Small/Mid Cap Growth Alpha ETF Stock Performance

NASDAQ JSMD opened at $82.31 on Friday. Small/Mid Cap Growth Alpha ETF has a one year low of $60.99 and a one year high of $88.15. The company has a 50-day simple moving average of $82.98 and a 200-day simple moving average of $77.14. The firm has a market capitalization of $722.68 million, a PE ratio of 19.08 and a beta of 1.17.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Tuesday, September 30th were issued a $0.122 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.49 annualized dividend and a dividend yield of 0.6%.

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.