Janney Montgomery Scott LLC Purchases Shares of 78,019 Hilton Small-MidCap Opportunity ETF $SMCO

Janney Montgomery Scott LLC purchased a new position in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 78,019 shares of the company’s stock, valued at approximately $2,121,000. Janney Montgomery Scott LLC owned 1.79% of Hilton Small-MidCap Opportunity ETF at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Osaic Holdings Inc. raised 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 valued at $1,712,000 after purchasing an additional 15,347 shares during the period. &PARTNERS boosted its holdings in Hilton Small-MidCap Opportunity ETF by 27.7% in 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. Hilton Capital Management LLC bought a new position in Hilton Small-MidCap Opportunity ETF in the 4th quarter worth $6,108,000. LPL Financial LLC bought a new position in Hilton Small-MidCap Opportunity ETF in the 4th quarter worth $862,000. Finally, Crumly & Associates Inc. increased its stake in Hilton Small-MidCap Opportunity ETF by 1.1% in the 4th quarter. Crumly & Associates Inc. now owns 506,124 shares of the company’s stock worth $13,565,000 after buying an additional 5,359 shares in the last quarter.

Hilton Small-MidCap Opportunity ETF Stock Down 0.8%

NASDAQ:SMCO opened at $29.77 on Thursday. The business’s 50-day simple moving average is $29.88 and its two-hundred day simple moving average is $28.80. The stock has a market cap of $138.43 million, a PE ratio of 24.86 and a beta of 1.10. Hilton Small-MidCap Opportunity ETF has a 52 week low of $25.45 and a 52 week high of $31.17.

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.