Flaharty Asset Management LLC Takes $6.76 Million Position in Small/Mid Cap Growth Alpha ETF $JSMD

Flaharty Asset Management LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMDFree Report) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 82,890 shares of the company’s stock, valued at approximately $6,761,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Assetmark Inc. raised its holdings in Small/Mid Cap Growth Alpha ETF by 419.7% during the third quarter. Assetmark Inc. now owns 343 shares of the company’s stock worth $29,000 after purchasing an additional 277 shares in the last quarter. Triumph Capital Management acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at $59,000. Trust Co. of Vermont acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at $59,000. International Assets Investment Management LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at $184,000. Finally, Cornerstone Wealth Management LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at $210,000.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of JSMD stock opened at $91.40 on Thursday. The stock’s 50-day moving average is $85.25 and its two-hundred day moving average is $84.52. The firm has a market cap of $971.58 million, a price-to-earnings ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a 1 year low of $72.40 and a 1 year high of $94.64.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st were given a dividend of $0.0786 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.31 annualized dividend and a yield of 0.3%.

Small/Mid Cap Growth Alpha ETF Profile

(Free Report)

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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Institutional Ownership by Quarter for Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD)

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