Quadcap Wealth Management LLC Has $4.37 Million Position in Small Cap Growth Alpha ETF $JSML

Quadcap Wealth Management LLC boosted its holdings in Small Cap Growth Alpha ETF (NASDAQ:JSML) by 18.3% in the first quarter, Holdings Channel reports. The institutional investor owned 62,432 shares of the company’s stock after buying an additional 9,667 shares during the period. Quadcap Wealth Management LLC’s holdings in Small Cap Growth Alpha ETF were worth $4,372,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the business. LPL Financial LLC boosted its position in Small Cap Growth Alpha ETF by 49.9% during the 4th quarter. LPL Financial LLC now owns 380,551 shares of the company’s stock worth $27,995,000 after buying an additional 126,747 shares during the period. Systelligence LLC acquired a new position in Small Cap Growth Alpha ETF in the 4th quarter valued at approximately $5,141,000. UBS Group AG increased its position in Small Cap Growth Alpha ETF by 176.3% in the 4th quarter. UBS Group AG now owns 101,083 shares of the company’s stock valued at $7,436,000 after acquiring an additional 64,504 shares during the period. Horizon Family Wealth Inc. bought a new position in shares of Small Cap Growth Alpha ETF during the fourth quarter valued at $3,331,000. Finally, Wealthcare Advisory Partners LLC bought a new position in shares of Small Cap Growth Alpha ETF during the fourth quarter valued at $2,403,000.

Small Cap Growth Alpha ETF Stock Performance

Shares of NASDAQ:JSML opened at $87.55 on Monday. The firm has a market cap of $361.58 million, a PE ratio of 18.21 and a beta of 1.27. The firm’s fifty day moving average is $88.55 and its 200-day moving average is $80.59. Small Cap Growth Alpha ETF has a 52 week low of $66.34 and a 52 week high of $98.01.

Small Cap Growth Alpha ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Investors of record on Tuesday, June 30th were given a dividend of $0.0463 per share. The ex-dividend date of this dividend was Tuesday, June 30th. This represents a $0.19 annualized dividend and a yield of 0.2%. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.04.

Small Cap Growth Alpha ETF 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.