Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Sees Unusually-High Trading Volume – What’s Next?

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) shares saw an uptick in trading volume on Friday . 120,266 shares changed hands during mid-day trading, an increase of 53% from the previous session’s volume of 78,569 shares.The stock last traded at $91.89 and had previously closed at $91.06.

Small/Mid Cap Growth Alpha ETF Stock Up 1.3%

The business has a 50-day simple moving average of $83.78 and a two-hundred day simple moving average of $84.03. The company has a market cap of $980.40 million, a price-to-earnings ratio of 19.08 and a beta of 1.15.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

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

Hedge Funds Weigh In On Small/Mid Cap Growth Alpha ETF

Large investors have recently made changes to their positions in the business. Assetmark Inc. lifted its position in shares of Small/Mid Cap Growth Alpha ETF by 419.7% during the 3rd quarter. Assetmark Inc. now owns 343 shares of the company’s stock worth $29,000 after purchasing an additional 277 shares during the last quarter. Triumph Capital Management acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the 3rd quarter worth about $59,000. Trust Co. of Vermont acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $59,000. Global Retirement Partners LLC lifted its position in shares of 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 worth $94,000 after purchasing an additional 250 shares during the last quarter. Finally, International Assets Investment Management LLC acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the 4th quarter worth about $184,000.

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.