Kintra Wealth LLC Sells 26,574 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

Kintra Wealth LLC decreased its stake in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 39.5% during the 2nd quarter, Holdings Channel reports. The firm owned 40,666 shares of the company’s stock after selling 26,574 shares during the period. Kintra Wealth LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $3,955,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Royal Bank of Canada raised its holdings in shares of 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 period. Jane Street Group LLC grew its holdings in Small/Mid Cap Growth Alpha ETF by 19.0% during the first 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 period. Peapack Gladstone Financial Corp increased its position in Small/Mid Cap Growth Alpha ETF by 682.9% during the second quarter. Peapack Gladstone Financial Corp now owns 23,339 shares of the company’s stock worth $1,812,000 after buying an additional 20,358 shares during the last quarter. Raymond James Financial Inc. increased its position in 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 during the last quarter. Finally, Ameriprise Financial Inc. raised its stake in Small/Mid Cap Growth Alpha ETF by 83.0% in the second quarter. Ameriprise Financial Inc. now owns 140,075 shares of the company’s stock valued at $10,877,000 after buying an additional 63,532 shares during the period.

Small/Mid Cap Growth Alpha ETF Stock Performance

NASDAQ JSMD opened at $93.22 on Friday. The stock has a market cap of $1.06 billion, a PE ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a 52-week low of $75.30 and a 52-week high of $101.70. The firm has a 50-day moving average of $95.72 and a 200-day moving average of $90.82.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a $0.0819 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.33 annualized dividend and a yield of 0.4%. This is a boost from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08.

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.