Small/Mid Cap Growth Alpha ETF $JSMD Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC increased its position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 18.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,830 shares of the company’s stock after acquiring an additional 13,102 shares during the period. Janney Montgomery Scott LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $6,652,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Mars Jewett Financial Group Inc. purchased a new stake in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at about $32,923,000. Flaharty Asset Management LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter worth about $6,761,000. &PARTNERS lifted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 83.8% during the fourth quarter. &PARTNERS now owns 169,645 shares of the company’s stock worth $13,707,000 after purchasing an additional 77,347 shares during the period. Ameriprise Financial Inc. lifted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 83.0% during the second quarter. Ameriprise Financial Inc. now owns 140,075 shares of the company’s stock worth $10,877,000 after purchasing an additional 63,532 shares during the period. Finally, Harbour Wealth Management Group Inc. acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF during the first quarter worth about $3,948,000.

Small/Mid Cap Growth Alpha ETF Stock Up 0.2%

Shares of NASDAQ JSMD opened at $97.95 on Friday. Small/Mid Cap Growth Alpha ETF has a 52 week low of $75.30 and a 52 week high of $101.70. The business’s 50 day moving average price is $94.37 and its 200 day moving average price is $87.59. The firm has a market cap of $1.09 billion, a P/E ratio of 19.08 and a beta of 1.14.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.0819 per share. This represents a $0.33 annualized dividend and a yield of 0.3%. The ex-dividend date is Tuesday, June 30th. This is a positive change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08.

About Small/Mid Cap Growth Alpha ETF

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.