Oppenheimer & Co. Inc. Makes New $4.56 Million Investment in Small/Mid Cap Growth Alpha ETF $JSMD

Oppenheimer & Co. Inc. acquired a new stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 51,078 shares of the company’s stock, valued at approximately $4,561,000. Oppenheimer & Co. Inc. owned 0.44% of Small/Mid Cap Growth Alpha ETF as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of JSMD. Fifth Third Bancorp acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 1st quarter worth $753,000. NewEdge Advisors LLC boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 253.8% in the second quarter. NewEdge Advisors LLC now owns 162,525 shares of the company’s stock valued at $16,454,000 after acquiring an additional 116,590 shares in the last quarter. Leelyn Smith LLC increased its stake in shares of Small/Mid Cap Growth Alpha ETF by 2.5% during the first quarter. Leelyn Smith LLC now owns 370,443 shares of the company’s stock worth $29,395,000 after acquiring an additional 8,998 shares during the period. Royal Bank of Canada increased its stake in shares of Small/Mid Cap Growth Alpha ETF by 33.0% during the first quarter. Royal Bank of Canada now owns 447,934 shares of the company’s stock worth $35,544,000 after acquiring an additional 111,196 shares during the period. Finally, Janney Montgomery Scott LLC increased its stake in shares of Small/Mid Cap Growth Alpha ETF by 18.5% during the first quarter. Janney Montgomery Scott LLC now owns 83,830 shares of the company’s stock worth $6,652,000 after acquiring an additional 13,102 shares during the period.

Small/Mid Cap Growth Alpha ETF Stock Up 0.9%

NASDAQ JSMD opened at $90.93 on Friday. The stock has a market capitalization of $1.05 billion, a P/E ratio of 19.08 and a beta of 1.16. Small/Mid Cap Growth Alpha ETF has a 52-week low of $75.30 and a 52-week high of $101.70. The firm has a 50-day moving average price of $91.02 and a 200 day moving average price of $90.16.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were given a dividend of $0.0460 per share. This represents a $0.18 annualized dividend and a yield of 0.2%. The ex-dividend date was Wednesday, September 30th. This is a negative change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0819.

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.