Flaharty Asset Management LLC Takes Position in Small/Mid Cap Growth Alpha ETF $JSMD

Flaharty Asset Management LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 82,890 shares of the company’s stock, valued at approximately $6,761,000. Flaharty Asset Management LLC owned approximately 0.85% of Small/Mid Cap Growth Alpha ETF as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of JSMD. HighTower Advisors LLC lifted its stake in Small/Mid Cap Growth Alpha ETF by 4.0% in the 4th quarter. HighTower Advisors LLC now owns 9,892 shares of the company’s stock valued at $807,000 after buying an additional 378 shares in the last quarter. Thrivent Financial for Lutherans increased its stake in Small/Mid Cap Growth Alpha ETF by 8.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 201,148 shares of the company’s stock worth $16,406,000 after buying an additional 16,356 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the fourth quarter valued at approximately $184,000. MGO One Seven LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF by 8.7% during the fourth quarter. MGO One Seven LLC now owns 11,403 shares of the company’s stock valued at $930,000 after acquiring an additional 917 shares during the last quarter. Finally, AssuredPartners Investment Advisors LLC lifted its position in shares of Small/Mid Cap Growth Alpha ETF by 492.1% in the fourth quarter. AssuredPartners Investment Advisors LLC now owns 21,631 shares of the company’s stock valued at $1,764,000 after acquiring an additional 17,978 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Price Performance

Shares of NASDAQ:JSMD opened at $91.40 on Thursday. 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 capitalization of $971.58 million, a PE ratio of 19.08 and a beta of 1.15. The business’s 50 day moving average price is $85.25 and its 200-day moving average price is $84.52.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently disclosed 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 dividend on an annualized basis and a yield of 0.3%.

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. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.