Envestnet Asset Management Inc. Buys 105,143 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

Envestnet Asset Management Inc. grew its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 519.7% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 125,376 shares of the company’s stock after purchasing an additional 105,143 shares during the period. Envestnet Asset Management Inc.’s holdings in Small/Mid Cap Growth Alpha ETF were worth $9,735,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the stock. Private Trust Co. NA grew its position in Small/Mid Cap Growth Alpha ETF by 32.8% during the second quarter. Private Trust Co. NA now owns 928 shares of the company’s stock worth $72,000 after buying an additional 229 shares in the last quarter. Independence Bank of Kentucky bought a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 2nd quarter worth approximately $29,000. Farther Finance Advisors LLC grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 8.3% during the 2nd quarter. Farther Finance Advisors LLC now owns 5,166 shares of the company’s stock worth $401,000 after purchasing an additional 394 shares in the last quarter. Altus Wealth Group LLC increased its position in shares of Small/Mid Cap Growth Alpha ETF by 5.5% during the second quarter. Altus Wealth Group LLC now owns 7,634 shares of the company’s stock valued at $593,000 after purchasing an additional 399 shares during the period. Finally, Cetera Investment Advisers raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 10.7% in the first quarter. Cetera Investment Advisers now owns 4,366 shares of the company’s stock valued at $306,000 after purchasing an additional 423 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Price Performance

Shares of JSMD stock opened at $83.13 on Monday. Small/Mid Cap Growth Alpha ETF has a one year low of $60.99 and a one year high of $88.15. The stock has a fifty day moving average price of $83.78 and a 200 day moving average price of $79.20. The stock has a market cap of $744.01 million, a P/E ratio of 19.08 and a beta of 1.11.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Tuesday, September 30th were given a dividend of $0.122 per share. This represents a $0.49 annualized dividend and a dividend yield of 0.6%. The ex-dividend date was Tuesday, September 30th.

Small/Mid Cap Growth Alpha ETF 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.