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

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

Hilton Small-MidCap Opportunity ETF Stock Performance

The company has a market cap of $133.37 million, a price-to-earnings ratio of 24.86 and a beta of 1.14. The company has a 50-day simple moving average of $29.73 and a 200-day simple moving average of $28.62.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. 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 purchasing an additional 26,427 shares during the period. Osaic Holdings Inc. lifted its stake in shares of 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 purchasing an additional 15,347 shares during the period. &PARTNERS lifted its stake in shares of Hilton Small-MidCap Opportunity ETF by 27.7% in the fourth quarter. &PARTNERS now owns 188,877 shares of the company’s stock valued at $5,062,000 after purchasing an additional 40,957 shares during the period. Crumly & Associates Inc. lifted its stake in shares of Hilton Small-MidCap Opportunity ETF by 1.1% in the fourth quarter. Crumly & Associates Inc. now owns 506,124 shares of the company’s stock valued at $13,565,000 after purchasing an additional 5,359 shares during the period. Finally, Janney Montgomery Scott LLC purchased a new stake in Hilton Small-MidCap Opportunity ETF during the first quarter worth about $2,121,000.

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.