Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Hits New 12-Month High – Here’s What Happened

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $88.75 and last traded at $88.2910, with a volume of 48352 shares changing hands. The stock had previously closed at $86.64.

Small/Mid Cap Growth Alpha ETF Price Performance

The firm has a 50 day moving average of $83.36 and a two-hundred day moving average of $82.51. The stock has a market cap of $859.35 million, a PE ratio of 19.08 and a beta of 1.11.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Stockholders of record on Friday, December 19th were given a dividend of $0.1241 per share. The ex-dividend date was Friday, December 19th. This represents a $0.50 annualized dividend and a dividend yield of 0.6%. This is a boost from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.12.

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

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Stratos Wealth Partners LTD. lifted its position in Small/Mid Cap Growth Alpha ETF by 11.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 10,093 shares of the company’s stock valued at $823,000 after acquiring an additional 1,017 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Small/Mid Cap Growth Alpha ETF by 967.2% during the fourth quarter. Thurston Springer Miller Herd & Titak Inc. now owns 12,284 shares of the company’s stock worth $1,002,000 after purchasing an additional 11,133 shares in the last quarter. Worth Financial Advisory Group LLC lifted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 3.0% in the 4th quarter. Worth Financial Advisory Group LLC now owns 61,716 shares of the company’s stock valued at $5,034,000 after purchasing an additional 1,769 shares during the last quarter. Trust Co. of Vermont acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at about $59,000. Finally, Silver Oak Securities Incorporated boosted its position in shares of Small/Mid Cap Growth Alpha ETF by 10.9% in the 4th quarter. Silver Oak Securities Incorporated now owns 9,933 shares of the company’s stock valued at $822,000 after purchasing an additional 974 shares during the period.

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.