Peapack Gladstone Financial Corp Purchases 16,382 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

Peapack Gladstone Financial Corp lifted its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 52.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,806 shares of the company’s stock after purchasing an additional 16,382 shares during the period. Peapack Gladstone Financial Corp owned about 0.49% of Small/Mid Cap Growth Alpha ETF worth $3,899,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Kingsview Wealth Management LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 1.4% in the fourth quarter. Kingsview Wealth Management LLC now owns 14,750 shares of the company’s stock worth $1,203,000 after acquiring an additional 197 shares during the period. Global Retirement Partners LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after acquiring an additional 250 shares during the period. Flaharty Asset Management LLC acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter worth approximately $6,761,000. HighTower Advisors LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 4.0% in the fourth quarter. HighTower Advisors LLC now owns 9,892 shares of the company’s stock worth $807,000 after acquiring an additional 378 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 8.9% in the fourth quarter. Thrivent Financial for Lutherans now owns 201,148 shares of the company’s stock worth $16,406,000 after acquiring an additional 16,356 shares during the period.

Small/Mid Cap Growth Alpha ETF Price Performance

Small/Mid Cap Growth Alpha ETF stock opened at $95.15 on Wednesday. The stock’s 50 day moving average is $87.66 and its 200 day moving average is $85.13. The firm has a market cap of $1.01 billion, a P/E ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a one year low of $74.23 and a one year high of $96.44.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st were paid a $0.0786 dividend. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, March 31st.

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.