Private Advisor Group LLC Has $6.54 Million Stake in Small/Mid Cap Growth Alpha ETF $JSMD

Private Advisor Group LLC increased its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 7.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 82,424 shares of the company’s stock after buying an additional 5,491 shares during the period. Private Advisor Group LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $6,540,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of JSMD. Three Magnolias Financial Advisors LLC grew its holdings in Small/Mid Cap Growth Alpha ETF by 5.1% during the 1st quarter. Three Magnolias Financial Advisors LLC now owns 59,993 shares of the company’s stock worth $4,760,000 after acquiring an additional 2,930 shares during the period. Horizon Advisory Services Inc. lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 12.1% in the 1st quarter. Horizon Advisory Services Inc. now owns 7,864 shares of the company’s stock valued at $624,000 after purchasing an additional 850 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 18.5% in the 1st quarter. Janney Montgomery Scott LLC now owns 83,830 shares of the company’s stock valued at $6,652,000 after purchasing an additional 13,102 shares during the period. Unique Wealth LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 457.3% in the 1st quarter. Unique Wealth LLC now owns 18,141 shares of the company’s stock valued at $1,439,000 after purchasing an additional 14,886 shares during the period. Finally, Silver Oak Securities Incorporated boosted its position in shares of Small/Mid Cap Growth Alpha ETF by 26.6% in the 1st quarter. Silver Oak Securities Incorporated now owns 12,574 shares of the company’s stock worth $998,000 after purchasing an additional 2,641 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Down 1.8%

Shares of Small/Mid Cap Growth Alpha ETF stock traded down $1.80 during trading on Tuesday, reaching $97.03. 39,677 shares of the company were exchanged, compared to its average volume of 80,244. Small/Mid Cap Growth Alpha ETF has a twelve month low of $75.30 and a twelve month high of $101.70. The business has a 50-day moving average price of $94.56 and a 200-day moving average price of $87.73. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 19.08 and a beta of 1.14.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.0819 per share. This represents a $0.33 dividend on an annualized basis and a yield of 0.3%. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. The ex-dividend date is Tuesday, June 30th.

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.