Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Stock Price Up 1.3% – What’s Next?

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD)’s share price was up 1.3% during trading on Monday . The company traded as high as $81.15 and last traded at $80.92. Approximately 173,542 shares traded hands during mid-day trading, an increase of 145% from the average daily volume of 70,961 shares. The stock had previously closed at $79.92.

Small/Mid Cap Growth Alpha ETF Stock Down 0.1%

The company has a market capitalization of $787.12 million, a PE ratio of 19.08 and a beta of 1.11. The company has a 50-day moving average price of $85.26 and a two-hundred day moving average price of $83.97.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were paid a $0.1241 dividend. The ex-dividend date was Friday, December 19th. This represents a $0.50 annualized dividend and a yield of 0.6%. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.12.

Institutional Investors Weigh In On Small/Mid Cap Growth Alpha ETF

Several hedge funds and other institutional investors have recently modified their holdings of JSMD. LPL Financial LLC boosted its position in shares of Small/Mid Cap Growth Alpha ETF by 4.4% in the fourth quarter. LPL Financial LLC now owns 776,705 shares of the company’s stock valued at $63,348,000 after acquiring an additional 32,489 shares during the period. Mars Jewett Financial Group Inc. bought a new stake in Small/Mid Cap Growth Alpha ETF during the 4th quarter worth approximately $32,923,000. Leelyn Smith LLC increased its holdings in Small/Mid Cap Growth Alpha ETF by 0.6% during the 4th quarter. Leelyn Smith LLC now owns 361,445 shares of the company’s stock worth $29,479,000 after acquiring an additional 2,173 shares during the period. Royal Bank of Canada lifted its stake in Small/Mid Cap Growth Alpha ETF by 12.2% in the 4th quarter. Royal Bank of Canada now owns 336,738 shares of the company’s stock worth $27,464,000 after purchasing an additional 36,520 shares in the last quarter. Finally, Raymond James Financial Inc. lifted its stake in Small/Mid Cap Growth Alpha ETF by 2.2% in the 2nd quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock worth $23,057,000 after purchasing an additional 6,264 shares in the last quarter.

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.