Blue Jean Financial LLC Takes Position in Small/Mid Cap Growth Alpha ETF $JSMD

Blue Jean Financial LLC bought a new stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 17,621 shares of the company’s stock, valued at approximately $1,437,000. Blue Jean Financial LLC owned 0.18% of Small/Mid Cap Growth Alpha ETF at the end of the most recent quarter.

A number of other hedge funds have also made changes to their positions in JSMD. Royal Bank of Canada raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 17.4% in the 1st quarter. Royal Bank of Canada now owns 118,522 shares of the company’s stock valued at $8,295,000 after acquiring an additional 17,590 shares during the period. Jane Street Group LLC increased its stake in Small/Mid Cap Growth Alpha ETF by 19.0% during the 1st quarter. Jane Street Group LLC now owns 14,913 shares of the company’s stock worth $1,044,000 after buying an additional 2,384 shares during the period. Peapack Gladstone Financial Corp increased its stake in Small/Mid Cap Growth Alpha ETF by 682.9% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 23,339 shares of the company’s stock worth $1,812,000 after buying an additional 20,358 shares during the period. Raymond James Financial Inc. increased its stake in Small/Mid Cap Growth Alpha ETF by 2.2% during the 2nd 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 period. Finally, Ameriprise Financial Inc. increased its stake in Small/Mid Cap Growth Alpha ETF by 83.0% during the 2nd 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 period.

Small/Mid Cap Growth Alpha ETF Price Performance

Small/Mid Cap Growth Alpha ETF stock opened at $96.18 on Friday. Small/Mid Cap Growth Alpha ETF has a 12-month low of $74.23 and a 12-month high of $97.72. The company has a market capitalization of $1.02 billion, a price-to-earnings ratio of 19.08 and a beta of 1.15. The firm’s fifty day moving average price is $90.60 and its 200 day moving average price is $86.02.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st were paid a dividend of $0.0786 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.31 annualized dividend and a yield of 0.3%.

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.