Ameritas Advisory Services LLC Decreases Position in Small/Mid Cap Growth Alpha ETF $JSMD

Ameritas Advisory Services LLC trimmed its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 31.6% during the 2nd quarter, Holdings Channel reports. The institutional investor owned 8,804 shares of the company’s stock after selling 4,068 shares during the period. Ameritas Advisory Services LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $684,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in JSMD. McCarthy & Cox boosted its holdings in Small/Mid Cap Growth Alpha ETF by 1.0% in the first quarter. McCarthy & Cox now owns 64,848 shares of the company’s stock worth $4,539,000 after acquiring an additional 638 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Small/Mid Cap Growth Alpha ETF by 33.0% in the 1st quarter. Farther Finance Advisors LLC now owns 4,772 shares of the company’s stock valued at $334,000 after purchasing an additional 1,185 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its stake in Small/Mid Cap Growth Alpha ETF by 7.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 46,065 shares of the company’s stock worth $3,224,000 after purchasing an additional 3,112 shares in the last quarter. Janney Montgomery Scott LLC grew its position in Small/Mid Cap Growth Alpha ETF by 1.6% during the 1st quarter. Janney Montgomery Scott LLC now owns 51,239 shares of the company’s stock worth $3,586,000 after purchasing an additional 825 shares during the last quarter. Finally, CENTRAL TRUST Co grew its position in Small/Mid Cap Growth Alpha ETF by 14.2% during the 1st quarter. CENTRAL TRUST Co now owns 18,636 shares of the company’s stock worth $1,304,000 after purchasing an additional 2,323 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Trading Down 0.8%

NASDAQ JSMD opened at $82.81 on Monday. Small/Mid Cap Growth Alpha ETF has a 12-month low of $60.99 and a 12-month high of $88.15. The company has a fifty day simple moving average of $82.29 and a two-hundred day simple moving average of $76.36. The stock has a market cap of $714.65 million, a P/E ratio of 19.08 and a beta of 1.17.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, October 6th. Shareholders of record on Tuesday, September 30th will be given a dividend of $0.122 per share. The ex-dividend date of this dividend is Tuesday, September 30th. This represents a $0.49 dividend on an annualized basis and a yield of 0.6%.

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.