Western Wealth Management LLC Makes New $1.24 Million Investment in Small/Mid Cap Growth Alpha ETF $JSMD

Western Wealth Management LLC acquired a new stake in Small/Mid Cap Growth Alpha ETF (NASDAQ:JSMD) in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 15,587 shares of the company’s stock, valued at approximately $1,237,000. Western Wealth Management LLC owned 0.15% of Small/Mid Cap Growth Alpha ETF as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of JSMD. Sanctuary Advisors LLC raised its position in 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 valued at $476,000 after acquiring an additional 125 shares in the last quarter. Altus Wealth Group LLC grew its stake in shares of 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 worth $689,000 after purchasing an additional 138 shares during the period. Kingsview Wealth Management LLC increased its holdings in shares of 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 valued at $1,203,000 after purchasing an additional 197 shares in the last quarter. Global Retirement Partners LLC lifted its stake 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 valued at $94,000 after purchasing an additional 250 shares during the period. Finally, HighTower Advisors LLC boosted its holdings in Small/Mid Cap Growth Alpha ETF by 4.0% during the fourth quarter. HighTower Advisors LLC now owns 9,892 shares of the company’s stock worth $807,000 after buying an additional 378 shares in the last quarter.

Small/Mid Cap Growth Alpha ETF Stock Performance

JSMD stock opened at $96.72 on Thursday. Small/Mid Cap Growth Alpha ETF has a one year low of $75.30 and a one year high of $101.70. The firm’s fifty day moving average is $96.34 and its 200 day moving average is $89.83. The firm has a market cap of $1.10 billion, a PE 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. Stockholders of record on Tuesday, June 30th were given a dividend of $0.0819 per share. This is a boost from Small/Mid Cap Growth Alpha ETF’s previous quarterly dividend of $0.08. The ex-dividend date was Tuesday, June 30th. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.3%.

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.