Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Hits New 1-Year High – Here’s What Happened

Shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) hit a new 52-week high during trading on Tuesday . The stock traded as high as $94.93 and last traded at $94.93, with a volume of 10112 shares. The stock had previously closed at $93.19.

Small/Mid Cap Growth Alpha ETF Stock Performance

The stock has a market capitalization of $1.01 billion, a P/E ratio of 19.08 and a beta of 1.15. The company’s fifty day simple moving average is $86.02 and its two-hundred day simple moving average is $84.72.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Tuesday, March 31st were given a $0.0786 dividend. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.31 annualized dividend and a dividend yield of 0.3%.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Several hedge funds have recently added to or reduced their stakes in JSMD. Assetmark Inc. boosted its stake in Small/Mid Cap Growth Alpha ETF by 419.7% in the 3rd quarter. Assetmark Inc. now owns 343 shares of the company’s stock valued at $29,000 after purchasing an additional 277 shares during the period. Triumph Capital Management bought a new position in Small/Mid Cap Growth Alpha ETF during the 3rd quarter worth $59,000. Trust Co. of Vermont acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth $59,000. Global Retirement Partners LLC lifted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 27.8% during the fourth quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after buying an additional 250 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter valued at about $184,000.

Small/Mid Cap Growth Alpha ETF Company 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.