Small/Mid Cap Growth Alpha ETF $JSMD Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. increased its position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 79.6% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 225,128 shares of the company’s stock after acquiring an additional 99,752 shares during the period. Envestnet Asset Management Inc. owned approximately 2.52% of Small/Mid Cap Growth Alpha ETF worth $18,824,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Private Trust Co. NA boosted its position in Small/Mid Cap Growth Alpha ETF by 32.8% during the second quarter. Private Trust Co. NA now owns 928 shares of the company’s stock worth $72,000 after purchasing an additional 229 shares in the last quarter. World Investment Advisors acquired a new position in shares of Small/Mid Cap Growth Alpha ETF during the 3rd quarter worth $203,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Small/Mid Cap Growth Alpha ETF in the 3rd quarter worth about $210,000. Liberty Square Wealth Partners LLC acquired a new stake in Small/Mid Cap Growth Alpha ETF in the 2nd quarter valued at about $207,000. Finally, Smith Moore & CO. acquired a new stake in Small/Mid Cap Growth Alpha ETF in the 2nd quarter valued at about $221,000.

Small/Mid Cap Growth Alpha ETF Trading Up 1.7%

Shares of JSMD opened at $85.87 on Friday. The stock has a market cap of $837.23 million, a P/E ratio of 19.08 and a beta of 1.11. Small/Mid Cap Growth Alpha ETF has a 12-month low of $60.99 and a 12-month high of $89.44. The company has a 50-day moving average of $84.96 and a two-hundred day moving average of $83.39.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 19th were paid a dividend of $0.1241 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend was Friday, December 19th. This is a positive change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.12.

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. JSMD was launched on Feb 25, 2016 and is managed by Janus Henderson.