Fifth Third Bancorp Makes New $753,000 Investment in Small/Mid Cap Growth Alpha ETF $JSMD

Fifth Third Bancorp bought a new position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 9,491 shares of the company’s stock, valued at approximately $753,000. Fifth Third Bancorp owned 0.09% of Small/Mid Cap Growth Alpha ETF as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in JSMD. Resonant Capital Advisors LLC increased its stake in shares of Small/Mid Cap Growth Alpha ETF by 4.8% during the first quarter. Resonant Capital Advisors LLC now owns 253,148 shares of the company’s stock worth $20,107,000 after acquiring an additional 11,658 shares during the period. Altus Wealth Group LLC lifted its position in Small/Mid Cap Growth Alpha ETF by 10.8% in the first quarter. Altus Wealth Group LLC now owns 9,359 shares of the company’s stock valued at $743,000 after purchasing an additional 909 shares during the period. Leelyn Smith LLC boosted 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 purchasing an additional 8,998 shares in the last quarter. Private Advisor Group LLC boosted its holdings in Small/Mid Cap Growth Alpha ETF by 7.1% in the 1st quarter. Private Advisor Group LLC now owns 82,424 shares of the company’s stock valued at $6,540,000 after purchasing an additional 5,491 shares in the last quarter. Finally, Three Magnolias Financial Advisors LLC boosted its holdings in Small/Mid Cap Growth Alpha ETF by 5.1% in the 1st quarter. Three Magnolias Financial Advisors LLC now owns 59,993 shares of the company’s stock valued at $4,760,000 after purchasing an additional 2,930 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Trading Up 0.2%

NASDAQ JSMD opened at $94.71 on Tuesday. The stock has a market capitalization of $1.07 billion, a price-to-earnings ratio of 19.08 and a beta of 1.14. The business’s 50 day moving average is $96.10 and its two-hundred day moving average is $89.12. Small/Mid Cap Growth Alpha ETF has a 12-month low of $75.30 and a 12-month high of $101.70.

Small/Mid Cap Growth Alpha ETF Increases Dividend

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

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.