Private Advisor Group LLC Has $6.54 Million Stake in Small/Mid Cap Growth Alpha ETF $JSMD

Private Advisor Group LLC lifted its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 7.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 82,424 shares of the company’s stock after purchasing an additional 5,491 shares during the period. Private Advisor Group LLC owned 0.79% of Small/Mid Cap Growth Alpha ETF worth $6,540,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of JSMD. Trust Co. of Vermont acquired a new position in Small/Mid Cap Growth Alpha ETF during the 4th quarter worth $59,000. Triumph Capital Management bought a new position in Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at $59,000. Global Retirement Partners LLC increased its stake in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock valued at $94,000 after buying an additional 250 shares during the period. International Assets Investment Management LLC acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at $184,000. Finally, Redhawk Wealth Advisors Inc. bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth $207,000.

Small/Mid Cap Growth Alpha ETF Trading Down 1.8%

Shares of JSMD traded down $1.80 during trading hours on Tuesday, hitting $97.03. 39,677 shares of the stock traded hands, compared to its average volume of 80,244. Small/Mid Cap Growth Alpha ETF has a 1-year low of $75.30 and a 1-year high of $101.70. The firm has a market capitalization of $1.08 billion, a PE ratio of 19.08 and a beta of 1.14. The business has a fifty day moving average of $94.56 and a 200-day moving average of $87.73.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th will be given a $0.0819 dividend. The ex-dividend date is Tuesday, June 30th. This is a positive change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a yield of 0.3%.

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.