Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Shares Up 0.1% – Still a Buy?

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO)’s share price shot up 0.1% during mid-day trading on Friday . The stock traded as high as $30.69 and last traded at $30.66. Approximately 4,687 shares changed hands during trading, a decline of 82% from the average session volume of 25,443 shares. The stock had previously closed at $30.64.

Hilton Small-MidCap Opportunity ETF Trading Up 0.1%

The stock’s fifty day moving average is $29.73 and its two-hundred day moving average is $28.62. The company has a market capitalization of $133.37 million, a PE ratio of 24.86 and a beta of 1.14.

Hedge Funds Weigh In On Hilton Small-MidCap Opportunity ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Fulton Bank N.A. grew its stake in shares of Hilton Small-MidCap Opportunity ETF by 24.7% during the 4th quarter. Fulton Bank N.A. now owns 133,503 shares of the company’s stock worth $3,578,000 after acquiring an additional 26,427 shares during the period. Osaic Holdings Inc. lifted its holdings in 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 worth $1,712,000 after purchasing an additional 15,347 shares in the last quarter. &PARTNERS boosted its stake 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 during the period. Hilton Capital Management LLC bought a new position in Hilton Small-MidCap Opportunity ETF in the 4th quarter worth about $6,108,000. Finally, Fifth Third Bancorp purchased a new position in Hilton Small-MidCap Opportunity ETF during the 1st quarter valued at about $55,000.

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.