Small/Mid Cap Growth Alpha ETF $JSMD Stock: Rise Advisors LLC Increases Stake

Rise Advisors LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 2.9% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 264,671 shares of the company’s stock after acquiring an additional 7,464 shares during the quarter. Small/Mid Cap Growth Alpha ETF makes up about 6.7% of Rise Advisors LLC’s investment portfolio, making the stock its 6th biggest position. Rise Advisors LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $23,635,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Integrated Wealth Concepts LLC purchased a new stake in shares of Small/Mid Cap Growth Alpha ETF in the second quarter worth about $51,000. Titleist Asset Management LLC bought a new stake in Small/Mid Cap Growth Alpha ETF during the third quarter worth approximately $236,000. Pacific Wealth Strategies Group Inc. purchased a new stake in Small/Mid Cap Growth Alpha ETF during the first quarter valued at approximately $274,000. Concurrent Investment Advisors LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF during the second quarter valued at approximately $496,000. Finally, Sanctuary Advisors LLC raised its position in Small/Mid Cap Growth Alpha ETF by 2.1% during the first quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock valued at $476,000 after purchasing an additional 125 shares during the period.

Small/Mid Cap Growth Alpha ETF Price Performance

Shares of NASDAQ:JSMD traded down $2.19 during trading on Friday, hitting $87.36. The company had a trading volume of 51,427 shares, compared to its average volume of 74,304. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 19.08 and a beta of 1.16. The company has a fifty day simple moving average of $92.31 and a two-hundred day simple moving average of $92.63. Small/Mid Cap Growth Alpha ETF has a one year low of $75.30 and a one year high of $101.70.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0460 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.18 annualized dividend and a dividend yield of 0.2%. This is a decrease from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0819.

Small/Mid Cap Growth Alpha ETF Company 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.