28,663 Small/Mid Cap Growth Alpha ETF $JSMD Shares Sold by Thurston Springer Miller Herd & Titak Inc.

Thurston Springer Miller Herd & Titak Inc. lowered its stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 96.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,072 shares of the company’s stock after selling 28,663 shares during the quarter. Thurston Springer Miller Herd & Titak Inc.’s holdings in Small/Mid Cap Growth Alpha ETF were worth $96,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Fifth Third Bancorp bought a new stake in Small/Mid Cap Growth Alpha ETF in the first quarter valued at about $753,000. NewEdge Advisors LLC grew its position in shares of Small/Mid Cap Growth Alpha ETF by 253.8% during the 2nd quarter. NewEdge Advisors LLC now owns 162,525 shares of the company’s stock worth $16,454,000 after buying an additional 116,590 shares during the period. Leelyn Smith LLC grew its position in shares of Small/Mid Cap Growth Alpha ETF by 2.5% during the 1st quarter. Leelyn Smith LLC now owns 370,443 shares of the company’s stock worth $29,395,000 after buying an additional 8,998 shares during the period. Janney Montgomery Scott LLC grew its position in shares of Small/Mid Cap Growth Alpha ETF by 18.5% during the 1st quarter. Janney Montgomery Scott LLC now owns 83,830 shares of the company’s stock worth $6,652,000 after buying an additional 13,102 shares during the period. Finally, Royal Bank of Canada grew its position in shares of Small/Mid Cap Growth Alpha ETF by 33.0% during the 1st quarter. Royal Bank of Canada now owns 447,934 shares of the company’s stock worth $35,544,000 after buying an additional 111,196 shares during the period.

Small/Mid Cap Growth Alpha ETF Price Performance

Shares of JSMD stock opened at $88.35 on Thursday. The stock has a market cap of $1.01 billion, a PE ratio of 19.08 and a beta of 1.16. The stock has a 50-day moving average of $92.61 and a 200-day moving average of $92.58. Small/Mid Cap Growth Alpha ETF has a one year low of $75.30 and a one year high of $101.70.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

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

Small/Mid Cap Growth Alpha ETF 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.