Harbour Wealth Management Group Inc. Takes Position in Small/Mid Cap Growth Alpha ETF $JSMD

Harbour Wealth Management Group Inc. purchased a new position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the 1st quarter, Holdings Channel reports. The fund purchased 49,759 shares of the company’s stock, valued at approximately $3,948,000. Small/Mid Cap Growth Alpha ETF comprises about 3.0% of Harbour Wealth Management Group Inc.’s holdings, making the stock its 9th largest position.

Other large investors have also modified their holdings of the company. Assetmark Inc. lifted its position in Small/Mid Cap Growth Alpha ETF by 419.7% in the 3rd quarter. Assetmark Inc. now owns 343 shares of the company’s stock valued at $29,000 after purchasing an additional 277 shares during the last quarter. Triumph Capital Management bought a new position in Small/Mid Cap Growth Alpha ETF in the 3rd quarter worth about $59,000. Trust Co. of Vermont bought a new position in Small/Mid Cap Growth Alpha ETF in the 4th quarter worth about $59,000. Global Retirement Partners LLC increased its stake in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock valued at $94,000 after purchasing an additional 250 shares during the period. Finally, International Assets Investment Management LLC acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF in the fourth quarter valued at approximately $184,000.

Small/Mid Cap Growth Alpha ETF Trading Up 0.6%

JSMD opened at $98.61 on Tuesday. The business’s 50 day moving average is $92.46 and its 200-day moving average is $86.68. The stock has a market cap of $1.05 billion, a PE ratio of 19.08 and a beta of 1.15. Small/Mid Cap Growth Alpha ETF has a twelve month low of $74.50 and a twelve month high of $99.45.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 7th. Investors of record on Tuesday, March 31st were given a $0.0786 dividend. This represents a $0.31 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, March 31st.

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.