Peapack Gladstone Financial Corp Has $3.90 Million Stock Position in Small/Mid Cap Growth Alpha ETF $JSMD

Peapack Gladstone Financial Corp increased its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 52.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 47,806 shares of the company’s stock after buying an additional 16,382 shares during the period. Peapack Gladstone Financial Corp’s holdings in Small/Mid Cap Growth Alpha ETF were worth $3,899,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in JSMD. Assetmark Inc. boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 419.7% during the 3rd quarter. Assetmark Inc. now owns 343 shares of the company’s stock worth $29,000 after buying an additional 277 shares in the last quarter. Triumph Capital Management bought a new position in shares of Small/Mid Cap Growth Alpha ETF during the 3rd quarter worth approximately $59,000. Trust Co. of Vermont bought a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth approximately $59,000. Global Retirement Partners LLC boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 27.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after buying an additional 250 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth approximately $184,000.

Small/Mid Cap Growth Alpha ETF Stock Performance

Small/Mid Cap Growth Alpha ETF stock opened at $95.15 on Wednesday. The stock has a market capitalization of $1.01 billion, a price-to-earnings ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a 52-week low of $74.23 and a 52-week high of $96.44. The stock’s 50 day moving average price is $87.66 and its two-hundred day moving average price is $85.13.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st were issued a dividend of $0.0786 per share. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Tuesday, March 31st.

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.