Small Cap Growth Alpha ETF $JSML Shares Sold by Redhawk Wealth Advisors Inc.

Redhawk Wealth Advisors Inc. cut its stake in shares of Small Cap Growth Alpha ETF (NASDAQ:JSML) by 67.7% in the 2nd quarter, Holdings Channel.com reports. The firm owned 8,134 shares of the company’s stock after selling 17,065 shares during the period. Redhawk Wealth Advisors Inc.’s holdings in Small Cap Growth Alpha ETF were worth $757,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently bought and sold shares of JSML. Independent Wealth Network Inc. raised its position in Small Cap Growth Alpha ETF by 1.3% during the 4th quarter. Independent Wealth Network Inc. now owns 13,647 shares of the company’s stock worth $1,004,000 after buying an additional 169 shares during the last quarter. Principal Securities Inc. boosted its holdings in shares of Small Cap Growth Alpha ETF by 3.6% in the fourth quarter. Principal Securities Inc. now owns 8,837 shares of the company’s stock valued at $650,000 after acquiring an additional 309 shares in the last quarter. Studio Investment Management LLC boosted its holdings in shares of Small Cap Growth Alpha ETF by 11.7% in the fourth quarter. Studio Investment Management LLC now owns 3,559 shares of the company’s stock valued at $262,000 after acquiring an additional 374 shares in the last quarter. Unified Investment Management increased its stake in shares of Small Cap Growth Alpha ETF by 6.9% during the first quarter. Unified Investment Management now owns 6,228 shares of the company’s stock worth $436,000 after acquiring an additional 400 shares during the period. Finally, Geneos Wealth Management Inc. increased its stake in shares of Small Cap Growth Alpha ETF by 328.2% during the second quarter. Geneos Wealth Management Inc. now owns 668 shares of the company’s stock worth $45,000 after acquiring an additional 512 shares during the period.

Small Cap Growth Alpha ETF Stock Up 0.5%

NASDAQ JSML opened at $90.96 on Wednesday. The stock has a market capitalization of $377.48 million, a P/E ratio of 18.21 and a beta of 1.28. Small Cap Growth Alpha ETF has a 52-week low of $66.97 and a 52-week high of $98.01. The firm has a 50-day moving average price of $89.61 and a 200 day moving average price of $81.62.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a $0.0463 dividend. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.19 dividend on an annualized basis and a yield of 0.2%. This is a boost from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04.

Small Cap Growth Alpha ETF Company Profile

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.