Rise Advisors LLC lifted its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD – Free Report) by 2.9% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 264,671 shares of the company’s stock after acquiring an additional 7,464 shares during the period. Small/Mid Cap Growth Alpha ETF makes up approximately 6.7% of Rise Advisors LLC’s portfolio, making the stock its 6th largest position. Rise Advisors LLC owned approximately 2.31% of Small/Mid Cap Growth Alpha ETF worth $23,635,000 at the end of the most recent quarter.
A number of other hedge funds also recently added to or reduced their stakes in JSMD. Royal Bank of Canada increased its holdings in Small/Mid Cap Growth Alpha ETF by 33.0% in the 1st quarter. Royal Bank of Canada now owns 447,934 shares of the company’s stock worth $35,544,000 after buying an additional 111,196 shares in the last quarter. Southern Financial Group LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF by 1.6% during the first quarter. Southern Financial Group LLC now owns 439,275 shares of the company’s stock valued at $34,856,000 after purchasing an additional 6,789 shares during the last quarter. Leelyn Smith LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF by 2.5% during the first quarter. Leelyn Smith LLC now owns 370,443 shares of the company’s stock valued at $29,395,000 after purchasing an additional 8,998 shares during the last quarter. Resonant Capital Advisors LLC lifted its position in Small/Mid Cap Growth Alpha ETF by 4.8% during the first quarter. Resonant Capital Advisors LLC now owns 253,148 shares of the company’s stock valued at $20,107,000 after purchasing an additional 11,658 shares during the period. Finally, NewEdge Advisors LLC lifted its position in Small/Mid Cap Growth Alpha ETF by 253.8% during the second quarter. NewEdge Advisors LLC now owns 162,525 shares of the company’s stock valued at $16,454,000 after purchasing an additional 116,590 shares during the period.
Small/Mid Cap Growth Alpha ETF Stock Down 2.4%
JSMD traded down $2.19 during mid-day trading on Friday, reaching $87.36. 51,427 shares of the company traded hands, compared to its average volume of 74,304. The company’s fifty day moving average price is $92.31 and its 200-day moving average price is $92.63. The stock has a market capitalization of $1.00 billion, a P/E ratio of 19.08 and a beta of 1.16. Small/Mid Cap Growth Alpha ETF has a 52-week low of $75.30 and a 52-week high of $101.70.
Small/Mid Cap Growth Alpha ETF Cuts Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0460 per share. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, September 30th. This is a negative change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0819.
Small/Mid Cap Growth Alpha ETF Company Profile
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.
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