Rise Advisors LLC Has $26.04 Million Stock Holdings in Small/Mid Cap Growth Alpha ETF $JSMD

Rise Advisors LLC boosted its position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 34.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 257,207 shares of the company’s stock after purchasing an additional 65,445 shares during the quarter. Small/Mid Cap Growth Alpha ETF comprises 7.3% of Rise Advisors LLC’s holdings, making the stock its 6th biggest position. Rise Advisors LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $26,039,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Triumph Capital Management acquired a new stake in Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at approximately $59,000. Global Retirement Partners LLC lifted its holdings in Small/Mid Cap Growth Alpha ETF by 27.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after purchasing an additional 250 shares during the period. International Assets Investment Management LLC bought a new position in Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at about $184,000. Pacific Wealth Strategies Group Inc. acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 1st quarter worth approximately $274,000. Finally, Sigma Planning Corp bought a new position in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter valued at approximately $319,000.

Small/Mid Cap Growth Alpha ETF Price Performance

NASDAQ JSMD opened at $95.89 on Wednesday. Small/Mid Cap Growth Alpha ETF has a 12 month low of $75.30 and a 12 month high of $101.70. The firm has a market capitalization of $1.09 billion, a PE ratio of 19.08 and a beta of 1.15. The company’s 50 day simple moving average is $96.32 and its 200 day simple moving average is $89.77.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were given a dividend of $0.0819 per share. This is a boost from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 30th. This represents a $0.33 annualized dividend and a dividend yield of 0.3%.

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.