Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Stock Price Down 0.1% – Time to Sell?

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

Hilton Small-MidCap Opportunity ETF Stock Down 0.1%

The stock has a market capitalization of $130.80 million, a PE ratio of 24.86 and a beta of 1.14. The firm has a 50 day moving average price of $29.02 and a 200-day moving average price of $28.25.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the company. Fifth Third Bancorp purchased a new position in shares of Hilton Small-MidCap Opportunity ETF in the first quarter worth about $55,000. Fulton Bank N.A. raised its position in Hilton Small-MidCap Opportunity ETF by 10.7% during the first quarter. Fulton Bank N.A. now owns 147,832 shares of the company’s stock valued at $4,018,000 after acquiring an additional 14,329 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in Hilton Small-MidCap Opportunity ETF during the first quarter valued at approximately $2,121,000. Osaic Holdings Inc. lifted its holdings 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 valued at $1,712,000 after acquiring an additional 15,347 shares during the period. Finally, &PARTNERS boosted its position 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 purchasing an additional 40,957 shares in the last quarter.

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.