Raymond James Financial Inc. Has $20.34 Million Stock Position in Small/Mid Cap Growth Alpha ETF $JSMD

Raymond James Financial Inc. increased its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 5.9% during the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 290,665 shares of the company’s stock after buying an additional 16,072 shares during the quarter. Raymond James Financial Inc. owned about 4.51% of Small/Mid Cap Growth Alpha ETF worth $20,344,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in the company. LPL Financial LLC raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 7.2% in the first quarter. LPL Financial LLC now owns 538,861 shares of the company’s stock worth $37,715,000 after purchasing an additional 36,226 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 3.2% in the fourth quarter. Bank of America Corp DE now owns 500,830 shares of the company’s stock worth $37,598,000 after purchasing an additional 15,524 shares during the last quarter. Silver Oak Securities Incorporated raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 3,529.5% in the first quarter. Silver Oak Securities Incorporated now owns 311,917 shares of the company’s stock worth $21,831,000 after purchasing an additional 303,323 shares during the last quarter. Resonant Capital Advisors LLC raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 4.2% in the first quarter. Resonant Capital Advisors LLC now owns 235,882 shares of the company’s stock worth $16,519,000 after purchasing an additional 9,488 shares during the last quarter. Finally, Private Advisor Group LLC raised its stake in shares of Small/Mid Cap Growth Alpha ETF by 13.0% in the first quarter. Private Advisor Group LLC now owns 70,344 shares of the company’s stock worth $4,923,000 after purchasing an additional 8,111 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Up 0.8%

Shares of Small/Mid Cap Growth Alpha ETF stock opened at $82.68 on Wednesday. The company has a market cap of $589.51 million, a PE ratio of 19.08 and a beta of 1.17. Small/Mid Cap Growth Alpha ETF has a 52 week low of $60.99 and a 52 week high of $83.23. The business has a 50 day moving average price of $78.82 and a 200-day moving average price of $74.15.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 7th. Stockholders of record on Monday, June 30th were paid a $0.126 dividend. The ex-dividend date of this dividend was Monday, June 30th. This represents a $0.50 annualized dividend and a dividend yield of 0.6%.

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.