Wealthcare Advisory Partners LLC Lowers Stock Holdings in Small Cap Growth Alpha ETF $JSML

Wealthcare Advisory Partners LLC cut its position in Small Cap Growth Alpha ETF (NASDAQ:JSML) by 83.0% in the second quarter, HoldingsChannel reports. The institutional investor owned 7,214 shares of the company’s stock after selling 35,187 shares during the period. Wealthcare Advisory Partners LLC’s holdings in Small Cap Growth Alpha ETF were worth $671,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Independent Wealth Network Inc. raised its holdings in shares of Small Cap Growth Alpha ETF by 1.3% in the 4th quarter. Independent Wealth Network Inc. now owns 13,647 shares of the company’s stock valued at $1,004,000 after buying an additional 169 shares during the period. Principal Securities Inc. boosted its holdings in Small Cap Growth Alpha ETF by 3.6% during the 4th quarter. Principal Securities Inc. now owns 8,837 shares of the company’s stock valued at $650,000 after acquiring an additional 309 shares during the period. Studio Investment Management LLC boosted its holdings in Small Cap Growth Alpha ETF by 11.7% during the 4th quarter. Studio Investment Management LLC now owns 3,559 shares of the company’s stock valued at $262,000 after acquiring an additional 374 shares during the period. Unified Investment Management grew its position in Small Cap Growth Alpha ETF by 6.9% in the 1st quarter. Unified Investment Management now owns 6,228 shares of the company’s stock valued at $436,000 after acquiring an additional 400 shares in the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Small Cap Growth Alpha ETF by 328.2% in the 2nd quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock valued at $45,000 after acquiring an additional 512 shares in the last quarter.

Small Cap Growth Alpha ETF Price Performance

Shares of NASDAQ:JSML opened at $92.73 on Friday. The firm has a market capitalization of $384.83 million, a PE ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 1 year low of $66.97 and a 1 year high of $98.01. The firm’s 50-day moving average is $89.92 and its two-hundred day moving average is $81.89.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were issued a $0.0463 dividend. This represents a $0.19 dividend on an annualized basis and a dividend yield of 0.2%. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04. The ex-dividend date was Tuesday, June 30th.

Small Cap Growth Alpha ETF Profile

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.