Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Sets New 12-Month High – Here’s Why

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $93.73 and last traded at $93.46, with a volume of 49239 shares traded. The stock had previously closed at $92.46.

Small/Mid Cap Growth Alpha ETF Stock Performance

The stock has a market cap of $989.65 million, a PE ratio of 19.08 and a beta of 1.15. The business has a 50-day moving average of $84.34 and a 200 day moving average of $84.29.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, April 7th. Shareholders of record on Tuesday, March 31st were issued a $0.0786 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.31 annualized dividend and a yield of 0.3%.

Institutional Trading of Small/Mid Cap Growth Alpha ETF

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Assetmark Inc. grew its holdings in Small/Mid Cap Growth Alpha ETF by 419.7% in the 3rd quarter. Assetmark Inc. now owns 343 shares of the company’s stock valued at $29,000 after buying an additional 277 shares during the period. Triumph Capital Management purchased a new stake in Small/Mid Cap Growth Alpha ETF in the 3rd quarter valued at about $59,000. Trust Co. of Vermont purchased a new stake in Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at about $59,000. Global Retirement Partners LLC grew its holdings in Small/Mid Cap Growth Alpha ETF by 27.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock valued at $94,000 after buying an additional 250 shares during the period. Finally, International Assets Investment Management LLC purchased a new stake in Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at about $184,000.

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.