Small Cap Growth Alpha ETF (NASDAQ:JSML) Shares Climb 0.9% – Should You Buy?

Small Cap Growth Alpha ETF (NASDAQ:JSML) shares were up 0.9% on Wednesday. The company traded as high as $87.27 and last traded at $86.97. 18,204 shares changed hands during trading, a decline of 22% from the average session volume of 23,467 shares. The stock had previously closed at $86.18.

Small Cap Growth Alpha ETF Stock Performance

The company has a market cap of $360.93 million, a PE ratio of 18.21 and a beta of 1.28. The firm’s 50 day moving average is $87.84 and its 200-day moving average is $86.64.

Small Cap Growth Alpha ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Shareholders of record on Wednesday, September 30th were paid a $0.0538 dividend. This is a positive change from Small Cap Growth Alpha ETF’s previous quarterly dividend of $0.0463. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.22 dividend on an annualized basis and a yield of 0.2%.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Triangle Securities Wealth Management increased its stake in shares of Small Cap Growth Alpha ETF by 7.8% in the 1st quarter. Triangle Securities Wealth Management now owns 84,456 shares of the company’s stock worth $5,914,000 after acquiring an additional 6,095 shares during the last quarter. MCF Advisors LLC purchased a new position in shares of Small Cap Growth Alpha ETF during the 2nd quarter worth $9,033,000. Quadcap Wealth Management LLC boosted its position in shares of Small Cap Growth Alpha ETF by 18.3% during the 1st quarter. Quadcap Wealth Management LLC now owns 62,432 shares of the company’s stock valued at $4,372,000 after acquiring an additional 9,667 shares during the last quarter. Kestra Advisory Services LLC boosted its position in shares of Small Cap Growth Alpha ETF by 1,427.3% during the 1st quarter. Kestra Advisory Services LLC now owns 14,036 shares of the company’s stock valued at $983,000 after acquiring an additional 13,117 shares during the last quarter. Finally, Fidelity D & D Bancorp Inc. boosted its position in shares of Small Cap Growth Alpha ETF by 16.5% during the 1st quarter. Fidelity D & D Bancorp Inc. now owns 48,738 shares of the company’s stock valued at $3,413,000 after acquiring an additional 6,900 shares during the last quarter.

Small Cap Growth Alpha ETF Company Profile

The Janus Henderson Small Cap Growth Alpha ETF (JSML) is an exchange-traded fund that is based on the Janus Small Cap Growth Alpha index. The fund tracks a market cap-weighted index of US small cap stocks selected by fundamental measures of growth, profitability and capital efficiency. Weighting relies on the actively-managed Janus Venture Fund. JSML was launched on Feb 25, 2016 and is managed by Janus Henderson.