Royal Bank of Canada Purchases 111,196 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

Royal Bank of Canada boosted its position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 33.0% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 447,934 shares of the company’s stock after purchasing an additional 111,196 shares during the quarter. Royal Bank of Canada owned approximately 4.21% of Small/Mid Cap Growth Alpha ETF worth $35,544,000 at the end of the most recent quarter.

Other institutional investors have also added to or reduced their stakes in the company. Triumph Capital Management bought a new stake in shares of Small/Mid Cap Growth Alpha ETF during the 3rd quarter valued at $59,000. Global Retirement Partners LLC increased its stake in shares of 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 worth $94,000 after acquiring an additional 250 shares in the last quarter. International Assets Investment Management LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF in the 4th quarter worth about $184,000. Pacific Wealth Strategies Group Inc. purchased a new position in Small/Mid Cap Growth Alpha ETF during the 1st quarter valued at about $274,000. Finally, Sigma Planning Corp purchased a new position in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at about $319,000.

Small/Mid Cap Growth Alpha ETF Price Performance

NASDAQ:JSMD opened at $94.74 on Tuesday. The firm has a market capitalization of $1.08 billion, a P/E ratio of 19.08 and a beta of 1.14. Small/Mid Cap Growth Alpha ETF has a one year low of $75.30 and a one year high of $101.70. The company’s 50-day simple moving average is $96.23 and its 200 day simple moving average is $89.40.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 7th. Stockholders of record on Tuesday, June 30th were given a $0.0819 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.3%. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08.

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.