Small Cap Growth Alpha ETF (NASDAQ:JSML) Shares Up 0.9% – Here’s What Happened

Small Cap Growth Alpha ETF (NASDAQ:JSML)’s stock price was up 0.9% during mid-day trading on Wednesday. The company traded as high as $87.27 and last traded at $86.97. 18,204 shares traded hands during trading, a decline of 22% from the average session volume of 23,467 shares. The stock had previously closed at $86.18.

Small Cap Growth Alpha ETF Stock Performance

The stock has a market cap of $353.62 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The business’s 50 day moving average is $87.71 and its 200-day moving average is $86.75.

Small Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.0538 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. This represents a $0.22 annualized dividend and a yield of 0.3%.

Institutional Trading of Small Cap Growth Alpha ETF

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Triangle Securities Wealth Management grew its stake in Small Cap Growth Alpha ETF by 7.8% during the 1st quarter. Triangle Securities Wealth Management now owns 84,456 shares of the company’s stock valued at $5,914,000 after acquiring an additional 6,095 shares in the last quarter. MCF Advisors LLC acquired a new stake in shares of Small Cap Growth Alpha ETF in the 2nd quarter worth $9,033,000. Quadcap Wealth Management LLC raised its holdings in shares of Small Cap Growth Alpha ETF by 18.3% during the 1st quarter. Quadcap Wealth Management LLC now owns 62,432 shares of the company’s stock worth $4,372,000 after acquiring an additional 9,667 shares during the period. Kestra Advisory Services LLC raised its holdings in shares of Small Cap Growth Alpha ETF by 1,427.3% during the 1st quarter. Kestra Advisory Services LLC now owns 14,036 shares of the company’s stock worth $983,000 after acquiring an additional 13,117 shares during the period. Finally, Fidelity D & D Bancorp Inc. boosted its position in shares of Small Cap Growth Alpha ETF by 16.5% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 48,738 shares of the company’s stock valued at $3,413,000 after acquiring an additional 6,900 shares during the last quarter.

About Small Cap Growth Alpha ETF

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.