Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Shares Down 0.1% – What’s Next?

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO)’s share price fell 0.1% on Thursday . The company traded as low as $29.95 and last traded at $30.07. 8,839 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 26,945 shares. The stock had previously closed at $30.10.

Hilton Small-MidCap Opportunity ETF Trading Down 2.2%

The business’s fifty day simple moving average is $29.06 and its two-hundred day simple moving average is $28.25. The stock has a market capitalization of $127.89 million, a P/E ratio of 24.86 and a beta of 1.14.

Institutional Investors Weigh In On Hilton Small-MidCap Opportunity ETF

A number of institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp acquired a new stake in Hilton Small-MidCap Opportunity ETF during the first quarter worth $55,000. Fulton Bank N.A. lifted its position in shares of Hilton Small-MidCap Opportunity ETF by 10.7% during the 1st quarter. Fulton Bank N.A. now owns 147,832 shares of the company’s stock worth $4,018,000 after buying an additional 14,329 shares during the period. Janney Montgomery Scott LLC bought a new position in shares of Hilton Small-MidCap Opportunity ETF during the 1st quarter worth approximately $2,121,000. Osaic Holdings Inc. lifted its position in shares of Hilton Small-MidCap Opportunity ETF by 31.6% during the 4th quarter. Osaic Holdings Inc. now owns 63,870 shares of the company’s stock worth $1,712,000 after buying an additional 15,347 shares during the period. Finally, &PARTNERS lifted its position in shares of Hilton Small-MidCap Opportunity ETF by 27.7% during the 4th quarter. &PARTNERS now owns 188,877 shares of the company’s stock worth $5,062,000 after buying an additional 40,957 shares during the period.

About Hilton Small-MidCap Opportunity ETF

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space. SMCO was launched on Nov 28, 2023 and is issued by Hilton.