ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Sees Unusually-High Trading Volume – What’s Next?

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) saw an uptick in trading volume on Wednesday . 831,104 shares were traded during trading, an increase of 163% from the previous session’s volume of 316,314 shares.The stock last traded at $26.0350 and had previously closed at $26.01.

ALPS | Smith Core Plus Bond ETF Stock Up 0.2%

The firm’s 50 day moving average price is $26.13 and its two-hundred day moving average price is $26.08.

Institutional Investors Weigh In On ALPS | Smith Core Plus Bond ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SMTH. CoreCap Advisors LLC purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the 3rd quarter worth $41,000. MAI Capital Management acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF during the 3rd quarter worth about $84,000. GPS Wealth Strategies Group LLC raised its holdings in ALPS | Smith Core Plus Bond ETF by 418.5% in the 2nd quarter. GPS Wealth Strategies Group LLC now owns 3,370 shares of the company’s stock valued at $87,000 after buying an additional 2,720 shares during the period. CWM LLC purchased a new stake in ALPS | Smith Core Plus Bond ETF in the 3rd quarter valued at about $161,000. Finally, Osaic Holdings Inc. lifted its position in ALPS | Smith Core Plus Bond ETF by 64.8% in the second quarter. Osaic Holdings Inc. now owns 7,528 shares of the company’s stock valued at $195,000 after buying an additional 2,961 shares during the last quarter.

ALPS | Smith Core Plus Bond ETF Company Profile

The ALPS/SMITH Core Plus Bond ETF (SMTH) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to global debt securities of any maturity and credit quality. The fund aims for an above-average total return. SMTH was launched on Dec 5, 2023 and is issued by SS&C.