Western Wealth Management LLC Purchases Shares of 15,587 Small/Mid Cap Growth Alpha ETF $JSMD

Western Wealth Management LLC acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 15,587 shares of the company’s stock, valued at approximately $1,237,000. Western Wealth Management LLC owned 0.15% of Small/Mid Cap Growth Alpha ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada increased its position in shares of Small/Mid Cap Growth Alpha ETF by 17.4% during the 1st quarter. Royal Bank of Canada now owns 118,522 shares of the company’s stock worth $8,295,000 after purchasing an additional 17,590 shares in the last quarter. Jane Street Group LLC boosted its position in Small/Mid Cap Growth Alpha ETF by 19.0% in the first quarter. Jane Street Group LLC now owns 14,913 shares of the company’s stock valued at $1,044,000 after buying an additional 2,384 shares in the last quarter. Peapack Gladstone Financial Corp boosted its position in Small/Mid Cap Growth Alpha ETF by 682.9% in the second quarter. Peapack Gladstone Financial Corp now owns 23,339 shares of the company’s stock valued at $1,812,000 after buying an additional 20,358 shares in the last quarter. Raymond James Financial Inc. grew its stake in Small/Mid Cap Growth Alpha ETF by 2.2% during the second quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock worth $23,057,000 after buying an additional 6,264 shares during the last quarter. Finally, Ameriprise Financial Inc. grew its stake in Small/Mid Cap Growth Alpha ETF by 83.0% during the second quarter. Ameriprise Financial Inc. now owns 140,075 shares of the company’s stock worth $10,877,000 after buying an additional 63,532 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Performance

NASDAQ JSMD opened at $92.63 on Monday. Small/Mid Cap Growth Alpha ETF has a 1-year low of $75.30 and a 1-year high of $101.70. The company has a 50 day moving average of $96.20 and a 200-day moving average of $89.34. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 19.08 and a beta of 1.14.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were given a dividend of $0.0819 per share. This is a boost from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a yield of 0.4%.

Small/Mid Cap Growth Alpha ETF 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.