Stratos Wealth Partners LTD. Acquires 2,080 Shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD)

Stratos Wealth Partners LTD. raised its holdings in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 62.1% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 5,427 shares of the company’s stock after buying an additional 2,080 shares during the quarter. Stratos Wealth Partners LTD. owned about 0.09% of Small/Mid Cap Growth Alpha ETF worth $380,000 at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in JSMD. Raymond James Financial Inc. purchased a new stake in Small/Mid Cap Growth Alpha ETF in the fourth quarter worth $20,614,000. Farther Finance Advisors LLC raised its holdings in Small/Mid Cap Growth Alpha ETF by 2,576.9% in the 4th quarter. Farther Finance Advisors LLC now owns 3,587 shares of the company’s stock worth $269,000 after purchasing an additional 3,453 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of Small/Mid Cap Growth Alpha ETF by 22.8% in the 4th quarter. Commonwealth Equity Services LLC now owns 38,156 shares of the company’s stock worth $2,864,000 after purchasing an additional 7,092 shares during the period. Creative Financial Designs Inc. ADV boosted its stake in shares of Small/Mid Cap Growth Alpha ETF by 40.4% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,258 shares of the company’s stock valued at $170,000 after purchasing an additional 650 shares in the last quarter. Finally, LPL Financial LLC increased its position in shares of Small/Mid Cap Growth Alpha ETF by 5.8% during the fourth quarter. LPL Financial LLC now owns 502,635 shares of the company’s stock valued at $37,734,000 after buying an additional 27,487 shares during the period.

Small/Mid Cap Growth Alpha ETF Price Performance

JSMD stock opened at $78.59 on Tuesday. Small/Mid Cap Growth Alpha ETF has a 1 year low of $60.99 and a 1 year high of $83.23. The firm has a 50-day moving average of $75.65 and a 200 day moving average of $73.52. The company has a market cap of $540.70 million, a P/E ratio of 19.08 and a beta of 1.17.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, June 30th were paid a $0.126 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.64%. The ex-dividend date was Monday, June 30th.

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.