Small Cap Growth Alpha ETF (NASDAQ:JSML) Share Price Crosses Above 50 Day Moving Average – Should You Sell?

Small Cap Growth Alpha ETF (NASDAQ:JSML) shares passed above its fifty day moving average during trading on Tuesday. The stock has a fifty day moving average of $87.15 and traded as high as $88.12. Small Cap Growth Alpha ETF shares last traded at $87.60, with a volume of 13,756 shares changing hands.

Small Cap Growth Alpha ETF Stock Performance

The company has a 50-day simple moving average of $87.15 and a 200 day simple moving average of $83.34. The company has a market capitalization of $370.55 million, a P/E ratio of 20.52 and a beta of 1.30.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were given a $0.0538 dividend. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. This represents a $0.22 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend was Wednesday, September 30th.

Hedge Funds Weigh In On Small Cap Growth Alpha ETF

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Hennion & Walsh Asset Management Inc. raised its stake in Small Cap Growth Alpha ETF by 2.8% during the 2nd quarter. Hennion & Walsh Asset Management Inc. now owns 482,601 shares of the company’s stock valued at $44,908,000 after purchasing an additional 12,977 shares during the last quarter. Choreo LLC boosted its holdings in Small Cap Growth Alpha ETF by 209.5% in the 3rd quarter. Choreo LLC now owns 174,632 shares of the company’s stock valued at $15,015,000 after purchasing an additional 118,214 shares during the period. Commonwealth Equity Services LLC bought a new stake in Small Cap Growth Alpha ETF in the 3rd quarter valued at $11,784,000. MCF Advisors LLC bought a new stake in Small Cap Growth Alpha ETF in the 2nd quarter valued at $9,033,000. Finally, D.A. Davidson & CO. acquired a new stake in Small Cap Growth Alpha ETF in the 3rd quarter worth $7,860,000.

About Small Cap Growth Alpha ETF

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.