NewEdge Advisors LLC Grows Holdings in Small/Mid Cap Growth Alpha ETF $JSMD

NewEdge Advisors LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 886.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 45,935 shares of the company’s stock after purchasing an additional 41,277 shares during the quarter. NewEdge Advisors LLC’s holdings in Small/Mid Cap Growth Alpha ETF were worth $3,645,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Triumph Capital Management bought a new position in shares of Small/Mid Cap Growth Alpha ETF in the third quarter worth about $59,000. Global Retirement Partners LLC lifted its holdings in Small/Mid Cap Growth Alpha ETF by 27.8% during the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock valued at $94,000 after buying an additional 250 shares in the last quarter. International Assets Investment Management LLC bought a new stake in Small/Mid Cap Growth Alpha ETF during the 4th quarter valued at about $184,000. Pacific Wealth Strategies Group Inc. purchased a new stake in Small/Mid Cap Growth Alpha ETF in the 1st quarter valued at about $274,000. Finally, Sigma Planning Corp purchased a new stake in Small/Mid Cap Growth Alpha ETF in the 4th quarter valued at about $319,000.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of NASDAQ:JSMD opened at $96.72 on Thursday. The firm has a market cap of $1.10 billion, a PE ratio of 19.08 and a beta of 1.15. The firm’s 50 day simple moving average is $96.34 and its 200-day simple moving average is $89.83. 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 Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued a dividend of $0.0819 per share. This represents a $0.33 annualized dividend and a yield of 0.3%. The ex-dividend date was Tuesday, June 30th. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08.

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.