Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Hits New 12-Month High – What’s Next?

Shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $99.45 and last traded at $98.84, with a volume of 8649 shares. The stock had previously closed at $98.03.

Small/Mid Cap Growth Alpha ETF Trading Up 0.1%

The business’s fifty day simple moving average is $92.18 and its two-hundred day simple moving average is $86.56. The stock has a market capitalization of $1.04 billion, a P/E ratio of 19.08 and a beta of 1.15.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, April 7th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.0786 per share. 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%.

Institutional Investors Weigh In On Small/Mid Cap Growth Alpha ETF

Hedge funds have recently made changes to their positions in the stock. Royal Bank of Canada boosted its position in shares of Small/Mid Cap Growth Alpha ETF by 17.4% during the 1st quarter. Royal Bank of Canada now owns 118,522 shares of the company’s stock valued at $8,295,000 after acquiring an additional 17,590 shares in the last quarter. Jane Street Group LLC lifted its position in Small/Mid Cap Growth Alpha ETF by 19.0% during the 1st quarter. Jane Street Group LLC now owns 14,913 shares of the company’s stock valued at $1,044,000 after purchasing an additional 2,384 shares during the period. Peapack Gladstone Financial Corp lifted its position in Small/Mid Cap Growth Alpha ETF by 682.9% during the 2nd quarter. Peapack Gladstone Financial Corp now owns 23,339 shares of the company’s stock valued at $1,812,000 after purchasing an additional 20,358 shares during the period. Raymond James Financial Inc. boosted its stake in shares of Small/Mid Cap Growth Alpha ETF by 2.2% in the 2nd quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock valued at $23,057,000 after purchasing an additional 6,264 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its stake in shares of Small/Mid Cap Growth Alpha ETF by 83.0% in the 2nd quarter. Ameriprise Financial Inc. now owns 140,075 shares of the company’s stock valued at $10,877,000 after purchasing an additional 63,532 shares during the last quarter.

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.