Janney Montgomery Scott LLC Boosts Stock Holdings in Small/Mid Cap Growth Alpha ETF $JSMD

Janney Montgomery Scott LLC grew its holdings in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 18.5% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 83,830 shares of the company’s stock after purchasing an additional 13,102 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.80% of Small/Mid Cap Growth Alpha ETF worth $6,652,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Triumph Capital Management purchased a new position in Small/Mid Cap Growth Alpha ETF during the third quarter valued at approximately $59,000. Trust Co. of Vermont purchased a new stake in Small/Mid Cap Growth Alpha ETF during the fourth quarter worth $59,000. Global Retirement Partners LLC boosted its position in Small/Mid Cap Growth Alpha ETF by 27.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock valued at $94,000 after acquiring an additional 250 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at $184,000. Finally, Redhawk Wealth Advisors Inc. bought a new stake in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at $207,000.

Small/Mid Cap Growth Alpha ETF Trading Up 0.2%

Shares of NASDAQ:JSMD opened at $97.95 on Friday. 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 has a 12-month low of $75.30 and a 12-month high of $101.70. The business’s fifty day simple moving average is $94.37 and its 200-day simple moving average is $87.59.

Small/Mid Cap Growth Alpha ETF Increases Dividend

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

Small/Mid Cap Growth Alpha ETF Company 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.