Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) Sees Large Volume Increase – Time to Buy?

Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) shares saw an uptick in trading volume on Monday . 49,940 shares traded hands during trading, a decline of 37% from the previous session’s volume of 78,988 shares.The stock last traded at $96.33 and had previously closed at $96.73.

Small/Mid Cap Growth Alpha ETF Stock Performance

The company has a market capitalization of $1.09 billion, a P/E ratio of 19.08 and a beta of 1.15. The firm’s fifty day moving average is $96.32 and its 200-day moving average is $89.77.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were given a $0.0819 dividend. This is an increase from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. This represents a $0.33 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Tuesday, June 30th.

Hedge Funds Weigh In On Small/Mid Cap Growth Alpha ETF

Several large investors have recently bought and sold shares of JSMD. Sanctuary Advisors LLC raised its position in shares of Small/Mid Cap Growth Alpha ETF by 2.1% during the first quarter. Sanctuary Advisors LLC now owns 6,001 shares of the company’s stock worth $476,000 after acquiring an additional 125 shares during the last quarter. Altus Wealth Group LLC increased its position in Small/Mid Cap Growth Alpha ETF by 1.7% during the 4th quarter. Altus Wealth Group LLC now owns 8,450 shares of the company’s stock valued at $689,000 after purchasing an additional 138 shares during the period. Kingsview Wealth Management LLC raised its holdings in Small/Mid Cap Growth Alpha ETF by 1.4% during the 4th quarter. Kingsview Wealth Management LLC now owns 14,750 shares of the company’s stock worth $1,203,000 after purchasing an additional 197 shares during the last quarter. Global Retirement Partners LLC lifted its position in shares of Small/Mid Cap Growth Alpha ETF by 27.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,150 shares of the company’s stock worth $94,000 after purchasing an additional 250 shares during the period. Finally, HighTower Advisors LLC boosted its stake in shares of Small/Mid Cap Growth Alpha ETF by 4.0% in the 4th quarter. HighTower Advisors LLC now owns 9,892 shares of the company’s stock valued at $807,000 after purchasing an additional 378 shares during the last quarter.

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.