Rise Advisors LLC Purchases Shares of 167,362 Small/Mid Cap Growth Alpha ETF $JSMD

Rise Advisors LLC purchased a new position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 167,362 shares of the company’s stock, valued at approximately $13,994,000. Small/Mid Cap Growth Alpha ETF makes up approximately 5.0% of Rise Advisors LLC’s portfolio, making the stock its 6th biggest position.

Other hedge funds have also recently modified their holdings of the company. Independence Bank of Kentucky purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the second quarter worth $29,000. Private Trust Co. NA increased its position in shares of Small/Mid Cap Growth Alpha ETF by 32.8% in the 2nd quarter. Private Trust Co. NA now owns 928 shares of the company’s stock valued at $72,000 after acquiring an additional 229 shares during the period. Liberty Square Wealth Partners LLC purchased a new position in Small/Mid Cap Growth Alpha ETF in the 2nd quarter worth $207,000. Smith Moore & CO. purchased a new position in Small/Mid Cap Growth Alpha ETF in the 2nd quarter worth $221,000. Finally, Main Line Retirement Advisors LLC acquired a new stake in Small/Mid Cap Growth Alpha ETF during the 2nd quarter worth about $273,000.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of JSMD stock opened at $81.20 on Thursday. The stock’s 50-day simple moving average is $82.82 and its 200-day simple moving average is $81.07. The firm has a market capitalization of $726.74 million, a PE ratio of 19.08 and a beta of 1.11. Small/Mid Cap Growth Alpha ETF has a fifty-two week low of $60.99 and a fifty-two week high of $88.15.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Tuesday, September 30th were issued a $0.122 dividend. This represents a $0.49 annualized dividend and a yield of 0.6%. The ex-dividend date was Tuesday, September 30th.

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.