Systelligence LLC Takes Position in Small/Mid Cap Growth Alpha ETF $JSMD

Systelligence LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 111,425 shares of the company’s stock, valued at approximately $8,652,000. Small/Mid Cap Growth Alpha ETF comprises 1.6% of Systelligence LLC’s investment portfolio, making the stock its 25th biggest position. Systelligence LLC owned approximately 1.57% of Small/Mid Cap Growth Alpha ETF at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Private Trust Co. NA purchased a new position in shares of Small/Mid Cap Growth Alpha ETF during the first quarter valued at approximately $49,000. Stratos Wealth Partners LTD. lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 62.1% during the first quarter. Stratos Wealth Partners LTD. now owns 5,427 shares of the company’s stock valued at $380,000 after buying an additional 2,080 shares during the period. Wealth Enhancement Advisory Services LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 7.2% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 46,065 shares of the company’s stock valued at $3,224,000 after buying an additional 3,112 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 1.6% during the first quarter. Janney Montgomery Scott LLC now owns 51,239 shares of the company’s stock valued at $3,586,000 after buying an additional 825 shares during the period. Finally, HighTower Advisors LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF during the first quarter valued at approximately $497,000.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of JSMD opened at $82.31 on Friday. The company has a market capitalization of $722.68 million, a price-to-earnings ratio of 19.08 and a beta of 1.17. The company’s 50 day simple moving average is $82.98 and its 200 day simple moving average is $77.14. Small/Mid Cap Growth Alpha ETF has a 1 year low of $60.99 and a 1 year high of $88.15.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Investors 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 annualized dividend and a dividend 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.