D.A. Davidson & CO. Raises Stock Holdings in Small/Mid Cap Growth Alpha ETF $JSMD

D.A. Davidson & CO. raised its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 104.3% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 81,889 shares of the company’s stock after acquiring an additional 41,810 shares during the period. D.A. Davidson & CO. owned approximately 0.77% of Small/Mid Cap Growth Alpha ETF worth $6,498,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently made changes to their positions in the company. Allegheny Financial Group bought a new stake in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at $573,000. Pursuit Wealth Management LLC bought a new stake in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter valued at about $1,299,000. Mcdonald Partners LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF in the fourth quarter worth about $818,000. Flaharty Asset Management LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF in the fourth quarter worth about $6,761,000. Finally, Kestra Private Wealth Services LLC bought a new position in Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $629,000.

Small/Mid Cap Growth Alpha ETF Trading Down 0.1%

JSMD opened at $95.52 on Friday. The firm has a market cap of $1.06 billion, a price-to-earnings 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 stock has a fifty day moving average price of $95.75 and a 200-day moving average price of $88.55.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a $0.0819 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. This represents a $0.33 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.