Small/Mid Cap Growth Alpha ETF $JSMD Shares Bought by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC lifted its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 4.8% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm owned 253,148 shares of the company’s stock after buying an additional 11,658 shares during the period. Small/Mid Cap Growth Alpha ETF makes up approximately 1.1% of Resonant Capital Advisors LLC’s holdings, making the stock its 27th largest position. Resonant Capital Advisors LLC owned approximately 2.42% of Small/Mid Cap Growth Alpha ETF worth $20,107,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC lifted its position in Small/Mid Cap Growth Alpha ETF by 4.4% during the 4th quarter. LPL Financial LLC now owns 776,705 shares of the company’s stock worth $63,348,000 after acquiring an additional 32,489 shares during the period. Mars Jewett Financial Group Inc. purchased a new position in Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at $32,923,000. Leelyn Smith LLC increased its stake in Small/Mid Cap Growth Alpha ETF by 2.5% in the 1st quarter. Leelyn Smith LLC now owns 370,443 shares of the company’s stock valued at $29,395,000 after buying an additional 8,998 shares during the period. Royal Bank of Canada raised its position in Small/Mid Cap Growth Alpha ETF by 12.2% during the 4th quarter. Royal Bank of Canada now owns 336,738 shares of the company’s stock worth $27,464,000 after buying an additional 36,520 shares during the last quarter. Finally, Raymond James Financial Inc. lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 2.2% in the 2nd quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock worth $23,057,000 after acquiring an additional 6,264 shares during the period.

Small/Mid Cap Growth Alpha ETF Trading Down 1.4%

Shares of NASDAQ:JSMD traded down $1.42 during midday trading on Tuesday, hitting $97.41. The stock had a trading volume of 56,663 shares, compared to its average volume of 80,466. Small/Mid Cap Growth Alpha ETF has a 1 year low of $75.30 and a 1 year high of $101.70. The stock has a 50 day moving average price of $94.56 and a two-hundred day moving average price of $87.73. The company has a market capitalization of $1.09 billion, a PE ratio of 19.08 and a beta of 1.14.

Small/Mid Cap Growth Alpha ETF Increases Dividend

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

About Small/Mid Cap Growth Alpha ETF

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.