Small/Mid Cap Growth Alpha ETF $JSMD Shares Newly Purchased by Park Avenue Securities LLC

Park Avenue Securities LLC purchased a new position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 11,538 shares of the company’s stock, valued at approximately $1,030,000.

A number of other hedge funds also recently made changes to their positions in the business. Sanctuary Advisors LLC boosted its position in Small/Mid Cap Growth Alpha ETF by 2.1% during the first quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock worth $476,000 after purchasing an additional 125 shares during the period. Integrated Wealth Concepts LLC bought a new position in shares of Small/Mid Cap Growth Alpha ETF in the second quarter valued at about $51,000. Pension & Wealth Management Advisors Inc. raised its position in shares of Small/Mid Cap Growth Alpha ETF by 2.5% in the third quarter. Pension & Wealth Management Advisors Inc. now owns 23,265 shares of the company’s stock valued at $2,078,000 after purchasing an additional 576 shares during the period. Breakwater Capital Group raised its position in shares of Small/Mid Cap Growth Alpha ETF by 2.5% in the third quarter. Breakwater Capital Group now owns 34,842 shares of the company’s stock valued at $3,111,000 after purchasing an additional 845 shares during the period. Finally, IFP Advisors Inc lifted its stake in shares of Small/Mid Cap Growth Alpha ETF by 6.3% during the 3rd quarter. IFP Advisors Inc now owns 15,197 shares of the company’s stock worth $1,357,000 after buying an additional 894 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Up 2.0%

Small/Mid Cap Growth Alpha ETF stock opened at $89.81 on Wednesday. The stock has a market cap of $1.04 billion, a P/E ratio of 19.08 and a beta of 1.16. Small/Mid Cap Growth Alpha ETF has a twelve month low of $75.30 and a twelve month high of $101.70. The company’s 50-day moving average price is $90.68 and its two-hundred day moving average price is $90.20.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

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

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.