Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Stock Price Down 1.2% – Should You Sell?

Shares of Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCOGet Free Report) fell 1.2% during mid-day trading on Wednesday . The stock traded as low as $28.34 and last traded at $28.34. Approximately 5,851 shares were traded during mid-day trading, a decline of 74% from the average daily volume of 22,397 shares. The stock had previously closed at $28.68.

Hilton Small-MidCap Opportunity ETF Stock Performance

The firm has a market cap of $136.27 million, a P/E ratio of 24.86 and a beta of 1.11. The business’s 50-day simple moving average is $29.79 and its 200 day simple moving average is $29.27.

Institutional Investors Weigh In On Hilton Small-MidCap Opportunity ETF

A number of large investors have recently made changes to their positions in SMCO. Fifth Third Bancorp bought a new position in shares of Hilton Small-MidCap Opportunity ETF in the 1st quarter worth approximately $55,000. ZEGA Investments LLC purchased a new stake in Hilton Small-MidCap Opportunity ETF during the second quarter valued at approximately $406,000. LPL Financial LLC bought a new position in Hilton Small-MidCap Opportunity ETF in the fourth quarter worth approximately $862,000. Osaic Holdings Inc. raised its position in Hilton Small-MidCap Opportunity ETF by 31.6% in the fourth quarter. Osaic Holdings Inc. now owns 63,870 shares of the company’s stock worth $1,712,000 after acquiring an additional 15,347 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new position in shares of Hilton Small-MidCap Opportunity ETF during the 1st quarter worth $2,121,000.

Hilton Small-MidCap Opportunity ETF Company Profile

(Get Free Report)

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.

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