Stonebridge Wealth Management LLC Purchases New Position in Small/Mid Cap Growth Alpha ETF $JSMD

Stonebridge Wealth Management LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) during the 4th quarter, Holdings Channel.com reports. The fund purchased 15,266 shares of the company’s stock, valued at approximately $1,245,000. Small/Mid Cap Growth Alpha ETF accounts for about 1.2% of Stonebridge Wealth Management LLC’s portfolio, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in JSMD. Assetmark Inc. lifted its position in shares of Small/Mid Cap Growth Alpha ETF by 419.7% during the 3rd quarter. Assetmark Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 277 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at $59,000. World Investment Advisors purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at $203,000. Cornerstone Wealth Management LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at $210,000. Finally, Smith Moore & CO. acquired a new stake in Small/Mid Cap Growth Alpha ETF during the 2nd quarter worth $221,000.

Small/Mid Cap Growth Alpha ETF Price Performance

Shares of JSMD opened at $77.16 on Friday. Small/Mid Cap Growth Alpha ETF has a 1-year low of $60.99 and a 1-year high of $89.44. The stock has a market cap of $752.31 million, a PE ratio of 19.08 and a beta of 1.11. The firm has a fifty day moving average price of $84.52 and a 200 day moving average price of $83.75.

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.