D.A. Davidson & CO. Buys New Position in Small Cap Growth Alpha ETF $JSML

D.A. Davidson & CO. bought a new stake in Small Cap Growth Alpha ETF (NASDAQ:JSML) during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 91,467 shares of the company’s stock, valued at approximately $7,860,000.

Several other large investors have also modified their holdings of the stock. Park Avenue Securities LLC purchased a new position in Small Cap Growth Alpha ETF in the 3rd quarter valued at $248,000. Studio Investment Management LLC increased its stake in Small Cap Growth Alpha ETF by 5.6% in the 3rd quarter. Studio Investment Management LLC now owns 4,541 shares of the company’s stock valued at $390,000 after buying an additional 241 shares during the period. Fifth Third Securities Inc. raised its position in Small Cap Growth Alpha ETF by 19.2% during the 3rd quarter. Fifth Third Securities Inc. now owns 4,978 shares of the company’s stock worth $428,000 after buying an additional 803 shares during the last quarter. Unified Investment Management raised its position in Small Cap Growth Alpha ETF by 6.9% during the 1st quarter. Unified Investment Management now owns 6,228 shares of the company’s stock worth $436,000 after buying an additional 400 shares during the last quarter. Finally, Kestra Advisory Services LLC lifted its stake in shares of Small Cap Growth Alpha ETF by 1,427.3% in the 1st quarter. Kestra Advisory Services LLC now owns 14,036 shares of the company’s stock worth $983,000 after acquiring an additional 13,117 shares during the period.

Small Cap Growth Alpha ETF Stock Down 2.0%

Shares of NASDAQ:JSML opened at $87.60 on Friday. The company has a market cap of $370.55 million, a price-to-earnings ratio of 18.21 and a beta of 1.28. The firm’s 50-day simple moving average is $87.26 and its 200-day simple moving average is $83.24. Small Cap Growth Alpha ETF has a fifty-two week low of $66.97 and a fifty-two week high of $98.01.

Small Cap Growth Alpha ETF Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 6th. Investors of record on Wednesday, September 30th were given a $0.0538 dividend. The ex-dividend date was Wednesday, September 30th. This is an increase from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. This represents a $0.22 dividend on an annualized basis and a yield of 0.2%.

About Small Cap Growth Alpha ETF

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.