Small Cap Growth Alpha ETF (NASDAQ:JSML) Share Price Crosses Above 50 Day Moving Average – Here’s Why

Small Cap Growth Alpha ETF (NASDAQ:JSML – Get Free Report)’s stock price crossed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $87.15 and traded as high as $88.12. Small Cap Growth Alpha ETF shares last traded at $87.60, with a volume of 13,756 shares changing hands.

Small Cap Growth Alpha ETF Price Performance

The firm has a market capitalization of $370.55 million, a PE ratio of 20.52 and a beta of 1.30. The company has a fifty day moving average of $87.15 and a 200-day moving average of $83.34.

Small Cap Growth Alpha ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Wednesday, September 30th were issued a $0.0538 dividend. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. The ex-dividend date was Wednesday, September 30th. This represents a $0.22 annualized dividend and a yield of 0.2%.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Hennion & Walsh Asset Management Inc. lifted its position in Small Cap Growth Alpha ETF by 2.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 482,601 shares of the company’s stock worth $44,908,000 after acquiring an additional 12,977 shares during the last quarter. Choreo LLC grew its position in shares of Small Cap Growth Alpha ETF by 209.5% in the third quarter. Choreo LLC now owns 174,632 shares of the company’s stock valued at $15,015,000 after purchasing an additional 118,214 shares during the last quarter. Commonwealth Equity Services LLC acquired a new stake in shares of Small Cap Growth Alpha ETF in the third quarter valued at about $11,784,000. MCF Advisors LLC acquired a new stake in shares of Small Cap Growth Alpha ETF in the second quarter valued at about $9,033,000. Finally, D.A. Davidson & CO. bought a new position in shares of Small Cap Growth Alpha ETF in the third quarter worth about $7,860,000.

Small Cap Growth Alpha ETF Company Profile

(Get Free Report)

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.

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