D.A. Davidson & CO. Purchases 41,810 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

D.A. Davidson & CO. boosted its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 104.3% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 81,889 shares of the company’s stock after purchasing an additional 41,810 shares during the period. D.A. Davidson & CO.’s holdings in Small/Mid Cap Growth Alpha ETF were worth $6,498,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in JSMD. Sanctuary Advisors LLC raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 2.1% in the 1st quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock valued at $476,000 after purchasing an additional 125 shares during the period. Fifth Third Bancorp bought a new position in Small/Mid Cap Growth Alpha ETF during the first quarter worth about $753,000. Resonant Capital Advisors LLC raised its position in shares of Small/Mid Cap Growth Alpha ETF by 4.8% in the first quarter. Resonant Capital Advisors LLC now owns 253,148 shares of the company’s stock valued at $20,107,000 after buying an additional 11,658 shares in the last quarter. Altus Wealth Group LLC grew its holdings in shares of Small/Mid Cap Growth Alpha ETF by 10.8% during the 1st quarter. Altus Wealth Group LLC now owns 9,359 shares of the company’s stock worth $743,000 after purchasing an additional 909 shares in the last quarter. Finally, Leelyn Smith LLC increased its holdings in Small/Mid Cap Growth Alpha ETF by 2.5% in the 1st quarter. Leelyn Smith LLC now owns 370,443 shares of the company’s stock valued at $29,395,000 after buying an additional 8,998 shares during the period.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of JSMD opened at $95.52 on Friday. Small/Mid Cap Growth Alpha ETF has a 52-week low of $75.30 and a 52-week high of $101.70. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 19.08 and a beta of 1.14. The business’s fifty day moving average is $95.75 and its 200-day moving average is $88.55.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were issued a $0.0819 dividend. The ex-dividend date was Tuesday, June 30th. This is a positive change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a 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.