Stratos Wealth Partners LTD. Increases Position in Small/Mid Cap Growth Alpha ETF $JSMD

Stratos Wealth Partners LTD. lifted its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 43.7% during the 2nd quarter, according to its most recent disclosure with the SEC. The firm owned 7,801 shares of the company’s stock after buying an additional 2,374 shares during the period. Stratos Wealth Partners LTD.’s holdings in Small/Mid Cap Growth Alpha ETF were worth $606,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of JSMD. Independence Bank of Kentucky purchased a new position in Small/Mid Cap Growth Alpha ETF during the second quarter worth approximately $29,000. Arlington Trust Co LLC purchased a new position in Small/Mid Cap Growth Alpha ETF during the first quarter worth approximately $26,000. Private Trust Co. NA purchased a new position in Small/Mid Cap Growth Alpha ETF during the first quarter worth approximately $49,000. Main Line Retirement Advisors LLC purchased a new position in Small/Mid Cap Growth Alpha ETF during the second quarter worth approximately $273,000. Finally, Cetera Investment Advisers raised its stake in Small/Mid Cap Growth Alpha ETF by 10.7% during the first quarter. Cetera Investment Advisers now owns 4,366 shares of the company’s stock worth $306,000 after purchasing an additional 423 shares during the period.

Small/Mid Cap Growth Alpha ETF Stock Up 2.1%

NASDAQ:JSMD opened at $84.18 on Friday. The company has a market cap of $736.58 million, a P/E ratio of 19.08 and a beta of 1.17. Small/Mid Cap Growth Alpha ETF has a fifty-two week low of $60.99 and a fifty-two week high of $88.15. The firm’s 50 day moving average is $83.25 and its two-hundred day moving average is $77.56.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, October 6th. Shareholders of record on Tuesday, September 30th were paid a dividend of $0.122 per share. The ex-dividend date of this dividend was 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.