NewEdge Advisors LLC Grows Stock Position in Small/Mid Cap Growth Alpha ETF $JSMD

NewEdge Advisors LLC increased its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 886.2% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 45,935 shares of the company’s stock after buying an additional 41,277 shares during the quarter. NewEdge Advisors LLC owned about 0.43% of Small/Mid Cap Growth Alpha ETF worth $3,645,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Triumph Capital Management purchased a new stake in shares of Small/Mid Cap Growth Alpha ETF in the third quarter valued at $59,000. Global Retirement Partners LLC boosted its stake in shares of 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 worth $94,000 after purchasing an additional 250 shares during the period. International Assets Investment Management LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $184,000. Pacific Wealth Strategies Group Inc. bought a new position in Small/Mid Cap Growth Alpha ETF during the 1st quarter valued at about $274,000. Finally, Sigma Planning Corp bought a new position in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at about $319,000.

Small/Mid Cap Growth Alpha ETF Price Performance

Small/Mid Cap Growth Alpha ETF stock opened at $96.72 on Thursday. Small/Mid Cap Growth Alpha ETF has a 1-year low of $75.30 and a 1-year high of $101.70. The firm has a market capitalization of $1.10 billion, a P/E ratio of 19.08 and a beta of 1.15. The company’s 50-day moving average is $96.34 and its 200 day moving average is $89.83.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were paid a dividend of $0.0819 per share. This is a positive change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Tuesday, June 30th.

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.