Rise Advisors LLC Acquires 65,445 Shares of Small/Mid Cap Growth Alpha ETF $JSMD

Rise Advisors LLC increased its position in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) by 34.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 257,207 shares of the company’s stock after purchasing an additional 65,445 shares during the quarter. Small/Mid Cap Growth Alpha ETF accounts for 7.3% of Rise Advisors LLC’s portfolio, making the stock its 6th largest position. Rise Advisors LLC owned 2.30% of Small/Mid Cap Growth Alpha ETF worth $26,039,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in Small/Mid Cap Growth Alpha ETF by 17.4% in the first quarter. Royal Bank of Canada now owns 118,522 shares of the company’s stock worth $8,295,000 after purchasing an additional 17,590 shares in the last quarter. Jane Street Group LLC lifted its stake in Small/Mid Cap Growth Alpha ETF by 19.0% during the first quarter. Jane Street Group LLC now owns 14,913 shares of the company’s stock worth $1,044,000 after purchasing an additional 2,384 shares during the last quarter. Peapack Gladstone Financial Corp boosted its holdings in Small/Mid Cap Growth Alpha ETF by 682.9% in the second quarter. Peapack Gladstone Financial Corp now owns 23,339 shares of the company’s stock worth $1,812,000 after purchasing an additional 20,358 shares during the period. Raymond James Financial Inc. boosted its holdings in Small/Mid Cap Growth Alpha ETF by 2.2% in the second quarter. Raymond James Financial Inc. now owns 296,929 shares of the company’s stock worth $23,057,000 after purchasing an additional 6,264 shares during the period. Finally, Ameriprise Financial Inc. increased its stake in Small/Mid Cap Growth Alpha ETF by 83.0% during the second quarter. Ameriprise Financial Inc. now owns 140,075 shares of the company’s stock valued at $10,877,000 after purchasing an additional 63,532 shares during the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Performance

Shares of NASDAQ:JSMD opened at $95.89 on Wednesday. The company’s fifty day moving average is $96.32 and its two-hundred day moving average is $89.77. Small/Mid Cap Growth Alpha ETF has a 1-year low of $75.30 and a 1-year high of $101.70. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 19.08 and a beta of 1.15.

Small/Mid Cap Growth Alpha ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th were issued 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 of this dividend was Tuesday, June 30th.

Small/Mid Cap Growth Alpha ETF Company Profile

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.