18,476 Small/Mid Cap Growth Alpha ETF $JSMD Shares Purchased by Southern Financial Group LLC

Southern Financial Group LLC raised its holdings in shares of Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 4.2% during the third quarter, according to its most recent filing with the SEC. The firm owned 458,442 shares of the company’s stock after purchasing an additional 18,476 shares during the period. Small/Mid Cap Growth Alpha ETF accounts for about 11.2% of Southern Financial Group LLC’s portfolio, making the stock its 4th largest position. Southern Financial Group LLC owned 3.96% of Small/Mid Cap Growth Alpha ETF worth $40,938,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada boosted its holdings in shares of Small/Mid Cap Growth Alpha ETF by 33.0% in the 1st quarter. Royal Bank of Canada now owns 447,934 shares of the company’s stock valued at $35,544,000 after buying an additional 111,196 shares in the last quarter. Rise Advisors LLC grew its stake in shares of Small/Mid Cap Growth Alpha ETF by 34.1% during the second quarter. Rise Advisors LLC now owns 257,207 shares of the company’s stock worth $26,039,000 after acquiring an additional 65,445 shares during the last quarter. NewEdge Advisors LLC grew its stake in shares of Small/Mid Cap Growth Alpha ETF by 253.8% during the second quarter. NewEdge Advisors LLC now owns 162,525 shares of the company’s stock worth $16,454,000 after acquiring an additional 116,590 shares during the last quarter. D.A. Davidson & CO. increased its holdings in shares of Small/Mid Cap Growth Alpha ETF by 104.3% during the first quarter. D.A. Davidson & CO. now owns 81,889 shares of the company’s stock valued at $6,498,000 after acquiring an additional 41,810 shares in the last quarter. Finally, Worth Financial Advisory Group LLC raised its position in shares of Small/Mid Cap Growth Alpha ETF by 5.5% in the 3rd quarter. Worth Financial Advisory Group LLC now owns 63,627 shares of the company’s stock valued at $5,682,000 after purchasing an additional 3,295 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Up 0.5%

JSMD stock opened at $90.23 on Thursday. The stock has a market capitalization of $1.05 billion, a PE ratio of 19.08 and a beta of 1.16. Small/Mid Cap Growth Alpha ETF has a 52 week low of $75.30 and a 52 week high of $101.70. The firm has a 50 day moving average of $90.60 and a 200 day moving average of $90.22.

Small/Mid Cap Growth Alpha ETF Cuts Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 6th. Stockholders of record on Wednesday, September 30th were issued a dividend of $0.0460 per share. This is a negative change from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.0819. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $0.18 annualized dividend and a dividend yield of 0.2%.

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.