ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Hits New 52-Week Low – Should You Sell?

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH)’s stock price hit a new 52-week low during mid-day trading on Monday . The stock traded as low as $25.25 and last traded at $25.28, with a volume of 4953 shares traded. The stock had previously closed at $25.39.

ALPS | Smith Core Plus Bond ETF Price Performance

The business has a 50 day simple moving average of $25.49 and a 200 day simple moving average of $25.74.

Institutional Trading of ALPS | Smith Core Plus Bond ETF

Institutional investors have recently added to or reduced their stakes in the business. Annex Advisory Services LLC lifted its holdings in ALPS | Smith Core Plus Bond ETF by 14.6% in the 2nd quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock worth $237,761,000 after purchasing an additional 1,179,599 shares during the last quarter. Trilogy Capital Inc. grew its holdings in shares of ALPS | Smith Core Plus Bond ETF by 115.3% during the 2nd quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock worth $107,706,000 after purchasing an additional 2,241,175 shares in the last quarter. Hamilton Wealth LLC boosted its stake in ALPS | Smith Core Plus Bond ETF by 98.4% during the first quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock worth $68,335,000 after buying an additional 1,315,762 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in ALPS | Smith Core Plus Bond ETF by 3.2% during the first quarter. Bank of New York Mellon Corp now owns 2,208,173 shares of the company’s stock worth $56,871,000 after buying an additional 69,182 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in ALPS | Smith Core Plus Bond ETF by 81.4% in the 4th quarter. Thrivent Financial for Lutherans now owns 1,259,837 shares of the company’s stock valued at $32,887,000 after buying an additional 565,289 shares during the period.

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.