Small Cap Growth Alpha ETF (NASDAQ:JSML) Stock Price Up 0.9% – Here’s Why

Small Cap Growth Alpha ETF (NASDAQ:JSML)’s share price rose 0.9% during mid-day trading on Wednesday. The stock traded as high as $87.27 and last traded at $86.97. 18,204 shares changed hands during trading, a decline of 22% from the average daily volume of 23,467 shares. The stock had previously closed at $86.18.

Small Cap Growth Alpha ETF Price Performance

The business’s 50 day simple moving average is $87.84 and its 200 day simple moving average is $86.64. The company has a market capitalization of $360.93 million, a PE ratio of 18.21 and a beta of 1.28.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were paid a $0.0538 dividend. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.22 annualized dividend and a dividend yield of 0.2%.

Institutional Trading of Small Cap Growth Alpha ETF

Hedge funds and other institutional investors have recently made changes to their positions in the company. HF Advisory Group LLC raised its position in shares of Small Cap Growth Alpha ETF by 2.6% during the 3rd quarter. HF Advisory Group LLC now owns 11,457 shares of the company’s stock valued at $984,000 after buying an additional 293 shares during the period. Unified Investment Management lifted its holdings in Small Cap Growth Alpha ETF by 6.9% in the first quarter. Unified Investment Management now owns 6,228 shares of the company’s stock valued at $436,000 after acquiring an additional 400 shares during the last quarter. IFP Advisors Inc lifted its holdings in Small Cap Growth Alpha ETF by 3.7% in the second quarter. IFP Advisors Inc now owns 14,956 shares of the company’s stock valued at $1,392,000 after acquiring an additional 534 shares during the last quarter. Studio Investment Management LLC lifted its holdings in Small Cap Growth Alpha ETF by 20.8% in the second quarter. Studio Investment Management LLC now owns 4,300 shares of the company’s stock valued at $400,000 after acquiring an additional 741 shares during the last quarter. Finally, Fifth Third Securities Inc. lifted its holdings in Small Cap Growth Alpha ETF by 19.2% in the third quarter. Fifth Third Securities Inc. now owns 4,978 shares of the company’s stock valued at $428,000 after acquiring an additional 803 shares during the last quarter.

Small Cap Growth Alpha ETF Company 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.