Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Get Free Report) was the recipient of a large drop in short interest in October. As of October 15th, there was short interest totaling 7,885 shares, a drop of 70.3% from the September 30th total of 26,523 shares. Approximately 0.1% of the shares of the stock are sold short. Based on an average daily volume of 55,884 shares, the days-to-cover ratio is presently 0.1 days.
Zacks Small/Mid Cap Core Portfolio ETF Stock Performance
Shares of NYSEARCA:SMIZ traded up $0.13 during midday trading on Thursday, hitting $41.77. 18,712 shares of the stock were exchanged, compared to its average volume of 33,401. The stock has a market capitalization of $279.86 million, a price-to-earnings ratio of 20.70 and a beta of 1.15. Zacks Small/Mid Cap Core Portfolio ETF has a 12 month low of $35.14 and a 12 month high of $44.77. The business’s 50-day moving average price is $41.55 and its 200 day moving average price is $41.04.
Institutional Inflows and Outflows
An institutional investor recently raised its position in Zacks Small/Mid Cap Core Portfolio ETF stock. CoreCap Advisors LLC lifted its holdings in shares of Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ – Free Report) by 12.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,050 shares of the company’s stock after buying an additional 656 shares during the quarter. CoreCap Advisors LLC owned about 0.10% of Zacks Small/Mid Cap Core Portfolio ETF worth $270,000 at the end of the most recent quarter.
Zacks Small/Mid Cap Core Portfolio ETF Company Profile
The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.
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