Cetera Investment Advisers Raises Stock Holdings in Small/Mid Cap Growth Alpha ETF $JSMD

Cetera Investment Advisers boosted its position in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 668.6% in the second quarter, according to the company in its most recent filing with the SEC. The firm owned 33,557 shares of the company’s stock after acquiring an additional 29,191 shares during the quarter. Cetera Investment Advisers owned about 0.47% of Small/Mid Cap Growth Alpha ETF worth $2,606,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of JSMD. Independence Bank of Kentucky acquired a new stake in shares of Small/Mid Cap Growth Alpha ETF during the second quarter worth about $29,000. Private Trust Co. NA raised its position in Small/Mid Cap Growth Alpha ETF by 32.8% during the 2nd quarter. Private Trust Co. NA now owns 928 shares of the company’s stock worth $72,000 after buying an additional 229 shares during the last quarter. Liberty Square Wealth Partners LLC acquired a new stake in Small/Mid Cap Growth Alpha ETF during the 2nd quarter valued at approximately $207,000. Main Line Retirement Advisors LLC purchased a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 2nd quarter valued at $273,000. Finally, Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 54.0% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 4,955 shares of the company’s stock valued at $347,000 after acquiring an additional 1,737 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Price Performance

Shares of Small/Mid Cap Growth Alpha ETF stock opened at $83.35 on Friday. The firm has a fifty day moving average price of $83.02 and a 200 day moving average price of $80.21. Small/Mid Cap Growth Alpha ETF has a 1 year low of $60.99 and a 1 year high of $88.15. The stock has a market cap of $745.94 million, a PE ratio of 19.08 and a beta of 1.11.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, October 6th. Stockholders of record on Tuesday, September 30th were issued a $0.122 dividend. This represents a $0.49 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend was Tuesday, September 30th.

About Small/Mid Cap Growth Alpha ETF

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.