Horizon Advisory Services Inc. Grows Stock Holdings in Small/Mid Cap Growth Alpha ETF $JSMD

Horizon Advisory Services Inc. increased its stake in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 8.3% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 6,316 shares of the company’s stock after buying an additional 485 shares during the quarter. Small/Mid Cap Growth Alpha ETF comprises about 0.3% of Horizon Advisory Services Inc.’s holdings, making the stock its 12th largest position. Horizon Advisory Services Inc. owned approximately 0.09% of Small/Mid Cap Growth Alpha ETF worth $490,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. LPL Financial LLC grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 7.2% during the first quarter. LPL Financial LLC now owns 538,861 shares of the company’s stock worth $37,715,000 after buying an additional 36,226 shares during the last quarter. Silver Oak Securities Incorporated grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 3,529.5% during the first quarter. Silver Oak Securities Incorporated now owns 311,917 shares of the company’s stock worth $21,831,000 after buying an additional 303,323 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 5.9% during the first quarter. Raymond James Financial Inc. now owns 290,665 shares of the company’s stock worth $20,344,000 after buying an additional 16,072 shares during the last quarter. Resonant Capital Advisors LLC grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 4.2% during the first quarter. Resonant Capital Advisors LLC now owns 235,882 shares of the company’s stock worth $16,519,000 after buying an additional 9,488 shares during the last quarter. Finally, Royal Bank of Canada grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 17.4% during the first quarter. Royal Bank of Canada now owns 118,522 shares of the company’s stock worth $8,295,000 after buying an additional 17,590 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Up 1.3%

Shares of NASDAQ:JSMD opened at $83.37 on Thursday. The company has a market cap of $719.48 million, a P/E ratio of 19.08 and a beta of 1.17. Small/Mid Cap Growth Alpha ETF has a 52 week low of $60.99 and a 52 week high of $88.15. The company has a 50-day moving average price of $82.50 and a 200 day moving average price of $76.53.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Investors of record on Tuesday, September 30th were given a $0.122 dividend. The ex-dividend date was Tuesday, September 30th. This represents a $0.49 dividend on an annualized basis and a yield of 0.6%.

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.