Thrivent Financial for Lutherans Acquires 16,356 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

Thrivent Financial for Lutherans lifted its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 8.9% during the 4th quarter, Holdings Channel reports. The firm owned 201,148 shares of the company’s stock after acquiring an additional 16,356 shares during the period. Thrivent Financial for Lutherans’ holdings in Small/Mid Cap Growth Alpha ETF were worth $16,406,000 at the end of the most recent quarter.

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

Small/Mid Cap Growth Alpha ETF Trading Down 1.5%

JSMD stock opened at $90.51 on Tuesday. Small/Mid Cap Growth Alpha ETF has a 1-year low of $72.40 and a 1-year high of $94.64. The firm has a market cap of $962.12 million, a PE ratio of 19.08 and a beta of 1.15. The business’s 50-day moving average price is $84.85 and its two-hundred day moving average price is $84.44.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st were issued a dividend of $0.0786 per share. The ex-dividend date was Tuesday, March 31st. This represents a $0.31 dividend on an annualized basis and a dividend yield of 0.3%.

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.