Small/Mid Cap Growth Alpha ETF $JSMD Stock: Focused Alpha LLC Raises Holdings

Focused Alpha LLC lifted its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 171.6% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,833 shares of the company’s stock after acquiring an additional 16,954 shares during the quarter. Focused Alpha LLC owned 0.23% of Small/Mid Cap Growth Alpha ETF worth $2,396,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the company. Worth Financial Advisory Group LLC grew its position in shares of Small/Mid Cap Growth Alpha ETF by 5.5% during the 3rd quarter. Worth Financial Advisory Group LLC now owns 63,627 shares of the company’s stock valued at $5,682,000 after acquiring an additional 3,295 shares during the period. IFP Advisors Inc raised its holdings in Small/Mid Cap Growth Alpha ETF by 6.3% in the 3rd quarter. IFP Advisors Inc now owns 15,197 shares of the company’s stock worth $1,357,000 after purchasing an additional 894 shares during the period. Stronghold Wealth Management L.L.C. purchased a new position in Small/Mid Cap Growth Alpha ETF during the third quarter worth approximately $259,000. Rise Advisors LLC boosted its position in Small/Mid Cap Growth Alpha ETF by 2.9% during the third quarter. Rise Advisors LLC now owns 264,671 shares of the company’s stock worth $23,635,000 after purchasing an additional 7,464 shares in the last quarter. Finally, Cyndeo Wealth Partners LLC boosted its position in Small/Mid Cap Growth Alpha ETF by 25.9% during the third quarter. Cyndeo Wealth Partners LLC now owns 9,198 shares of the company’s stock worth $821,000 after purchasing an additional 1,891 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Trading Up 0.7%

Shares of JSMD opened at $88.00 on Tuesday. The firm has a market cap of $1.01 billion, a P/E ratio of 19.08 and a beta of 1.16. Small/Mid Cap Growth Alpha ETF has a 12 month low of $75.30 and a 12 month high of $101.70. The stock’s 50 day moving average is $92.15 and its two-hundred day moving average is $92.81.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a dividend of $0.0460 per share. This is a negative change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0819. The ex-dividend date was Wednesday, September 30th. This represents a $0.18 dividend on an annualized basis and a dividend yield of 0.2%.

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.