Small/Mid Cap Growth Alpha ETF $JSMD Shares Sold by Flaharty Asset Management LLC

Flaharty Asset Management LLC reduced its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 91.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,272 shares of the company’s stock after selling 77,609 shares during the quarter. Small/Mid Cap Growth Alpha ETF comprises approximately 1.0% of Flaharty Asset Management LLC’s portfolio, making the stock its 29th biggest holding. Flaharty Asset Management LLC owned approximately 0.07% of Small/Mid Cap Growth Alpha ETF worth $715,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Royal Bank of Canada raised its stake in Small/Mid Cap Growth Alpha ETF by 17.4% in the 1st quarter. Royal Bank of Canada now owns 118,522 shares of the company’s stock valued at $8,295,000 after purchasing an additional 17,590 shares during the last quarter. Jane Street Group LLC boosted its stake in shares of Small/Mid Cap Growth Alpha ETF by 19.0% during the 1st quarter. Jane Street Group LLC now owns 14,913 shares of the company’s stock worth $1,044,000 after purchasing an additional 2,384 shares during the last quarter. Peapack Gladstone Financial Corp boosted its stake in shares of Small/Mid Cap Growth Alpha ETF by 682.9% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 23,339 shares of the company’s stock worth $1,812,000 after purchasing an additional 20,358 shares during the last quarter. Raymond James Financial Inc. grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 2.2% during the second quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock worth $23,057,000 after buying an additional 6,264 shares in the last quarter. Finally, Ameriprise Financial Inc. grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 83.0% during the second quarter. Ameriprise Financial Inc. now owns 140,075 shares of the company’s stock worth $10,877,000 after buying an additional 63,532 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Price Performance

NASDAQ:JSMD opened at $96.63 on Friday. The firm has a market cap of $1.10 billion, a PE ratio of 19.08 and a beta of 1.15. The firm has a 50 day simple moving average of $96.30 and a 200-day simple moving average of $89.64. Small/Mid Cap Growth Alpha ETF has a 1-year low of $75.30 and a 1-year high of $101.70.

Small/Mid Cap Growth Alpha ETF Increases Dividend

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

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.