Hennion & Walsh Asset Management Inc. Has $44.91 Million Stock Holdings in Small Cap Growth Alpha ETF $JSML

Hennion & Walsh Asset Management Inc. grew its stake in shares of Small Cap Growth Alpha ETF (NASDAQ:JSML) by 2.8% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 482,601 shares of the company’s stock after purchasing an additional 12,977 shares during the quarter. Small Cap Growth Alpha ETF makes up approximately 1.3% of Hennion & Walsh Asset Management Inc.’s portfolio, making the stock its 8th biggest position. Hennion & Walsh Asset Management Inc. owned 11.98% of Small Cap Growth Alpha ETF worth $44,908,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. LPL Financial LLC raised its holdings in Small Cap Growth Alpha ETF by 49.9% during the 4th quarter. LPL Financial LLC now owns 380,551 shares of the company’s stock valued at $27,995,000 after buying an additional 126,747 shares during the last quarter. Royal Bank of Canada grew its holdings in Small Cap Growth Alpha ETF by 4.0% in the 4th quarter. Royal Bank of Canada now owns 161,527 shares of the company’s stock worth $11,883,000 after acquiring an additional 6,150 shares during the last quarter. Commonwealth Equity Services LLC grew its holdings in Small Cap Growth Alpha ETF by 14.0% in the 4th quarter. Commonwealth Equity Services LLC now owns 156,464 shares of the company’s stock worth $11,510,000 after acquiring an additional 19,228 shares during the last quarter. Private Advisor Group LLC increased its position in shares of Small Cap Growth Alpha ETF by 9.0% in the first quarter. Private Advisor Group LLC now owns 120,283 shares of the company’s stock valued at $8,423,000 after acquiring an additional 9,976 shares during the period. Finally, UBS Group AG increased its position in shares of Small Cap Growth Alpha ETF by 176.3% in the fourth quarter. UBS Group AG now owns 101,083 shares of the company’s stock valued at $7,436,000 after acquiring an additional 64,504 shares during the period.

Small Cap Growth Alpha ETF Trading Up 1.0%

Shares of NASDAQ:JSML opened at $91.53 on Friday. The company has a market cap of $379.85 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The company has a 50-day moving average price of $89.46 and a 200-day moving average price of $81.41. Small Cap Growth Alpha ETF has a 12 month low of $66.97 and a 12 month high of $98.01.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were issued a dividend of $0.0463 per share. The ex-dividend date was Tuesday, June 30th. This represents a $0.19 dividend on an annualized basis and a yield of 0.2%. This is a boost from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04.

Small Cap Growth Alpha ETF Profile

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.