Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Short Interest Update

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the recipient of a significant drop in short interest during the month of January. As of January 30th, there was short interest totaling 14,615 shares, a drop of 37.2% from the January 15th total of 23,264 shares. Based on an average daily trading volume, of 46,139 shares, the short-interest ratio is presently 0.3 days. Currently, 0.3% of the company’s shares are sold short. Currently, 0.3% of the company’s shares are sold short. Based on an average daily trading volume, of 46,139 shares, the short-interest ratio is presently 0.3 days.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in the business. Alteri Wealth LLC raised its stake in Zacks Small/Mid Cap Core Portfolio ETF by 144.8% in the second quarter. Alteri Wealth LLC now owns 24,011 shares of the company’s stock valued at $814,000 after purchasing an additional 14,201 shares in the last quarter. Carter Financial Group INC. acquired a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF in the 2nd quarter valued at approximately $555,000. Strategic Blueprint LLC grew its holdings in shares of Zacks Small/Mid Cap Core Portfolio ETF by 12.6% during the 3rd quarter. Strategic Blueprint LLC now owns 63,219 shares of the company’s stock valued at $2,361,000 after purchasing an additional 7,052 shares during the last quarter. von Borstel & Associates Inc. acquired a new position in Zacks Small/Mid Cap Core Portfolio ETF during the 3rd quarter worth approximately $5,593,000. Finally, CoreCap Advisors LLC lifted its stake in Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% in the 4th quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock valued at $126,000 after purchasing an additional 3,383 shares during the last quarter.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Shares of Zacks Small/Mid Cap Core Portfolio ETF stock traded up $0.57 on Friday, hitting $39.64. The company had a trading volume of 15,295 shares, compared to its average volume of 39,196. The firm has a market capitalization of $189.48 million, a P/E ratio of 20.70 and a beta of 1.26. The stock has a 50-day moving average of $38.52 and a 200-day moving average of $37.32. Zacks Small/Mid Cap Core Portfolio ETF has a twelve month low of $26.33 and a twelve month high of $40.32.

Zacks Small/Mid Cap Core Portfolio ETF Announces Dividend

The company also recently declared an annual dividend, which was paid on Friday, January 2nd. Investors of record on Monday, December 29th were issued a dividend of $0.2289 per share. This represents a yield of 61.0%. The ex-dividend date of this dividend was Monday, December 29th.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.