Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Shares Down 0% – Here’s What Happened

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) shares traded down 0% on Thursday . The company traded as low as $28.88 and last traded at $29.11. 20,622 shares were traded during trading, a decline of 8% from the average session volume of 22,352 shares. The stock had previously closed at $29.12.

Hilton Small-MidCap Opportunity ETF Trading Down 0.0%

The stock’s fifty day simple moving average is $28.18 and its 200 day simple moving average is $27.26. The company has a market cap of $151.37 million, a price-to-earnings ratio of 24.86 and a beta of 1.37.

Hilton Small-MidCap Opportunity ETF Announces Dividend

The business also recently disclosed an annual dividend, which was paid on Wednesday, December 31st. Investors of record on Tuesday, December 30th were given a dividend of $0.2702 per share. The ex-dividend date was Tuesday, December 30th. This represents a yield of 99.0%.

Institutional Trading of Hilton Small-MidCap Opportunity ETF

Several large investors have recently added to or reduced their stakes in the stock. Crumly & Associates Inc. raised its holdings in shares of Hilton Small-MidCap Opportunity ETF by 1.1% during the 4th quarter. Crumly & Associates Inc. now owns 506,124 shares of the company’s stock worth $13,565,000 after acquiring an additional 5,359 shares during the period. Hilton Capital Management LLC acquired a new stake in Hilton Small-MidCap Opportunity ETF during the fourth quarter worth about $6,108,000. &PARTNERS raised its stake in Hilton Small-MidCap Opportunity ETF by 27.7% during the fourth quarter. &PARTNERS now owns 188,877 shares of the company’s stock worth $5,062,000 after purchasing an additional 40,957 shares during the period. Fulton Bank N.A. raised its stake in Hilton Small-MidCap Opportunity ETF by 24.7% during the fourth quarter. Fulton Bank N.A. now owns 133,503 shares of the company’s stock worth $3,578,000 after purchasing an additional 26,427 shares during the period. Finally, Envestnet Asset Management Inc. boosted its holdings in Hilton Small-MidCap Opportunity ETF by 459.8% in the 3rd quarter. Envestnet Asset Management Inc. now owns 106,337 shares of the company’s stock valued at $2,865,000 after purchasing an additional 87,340 shares during the last quarter.

Hilton Small-MidCap Opportunity ETF Company Profile

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.