Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Reaches New 1-Year High – Should You Buy?

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMDGet Free Report) hit a new 52-week high on Monday . The company traded as high as $98.44 and last traded at $97.55, with a volume of 11446 shares. The stock had previously closed at $96.18.

Small/Mid Cap Growth Alpha ETF Stock Up 1.7%

The business’s 50 day moving average is $90.60 and its two-hundred day moving average is $86.05. The firm has a market cap of $1.04 billion, a P/E ratio of 19.08 and a beta of 1.15.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

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

Hedge Funds Weigh In On Small/Mid Cap Growth Alpha ETF

Hedge funds have recently bought and sold shares of the company. Allegheny Financial Group bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth about $573,000. Pursuit Wealth Management LLC bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth about $1,299,000. Kestra Private Wealth Services LLC bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth about $629,000. Mcdonald Partners LLC bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter worth about $818,000. Finally, Nova Wealth Management Inc. increased its position in shares of Small/Mid Cap Growth Alpha ETF by 123.4% during the fourth quarter. Nova Wealth Management Inc. now owns 12,762 shares of the company’s stock worth $1,041,000 after acquiring an additional 7,050 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Company Profile

(Get Free Report)

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.

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