Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Sees Significant Decline in Short Interest

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the recipient of a significant decrease in short interest during the month of April. As of April 15th, there was short interest totaling 1,935 shares, a decrease of 72.7% from the March 31st total of 7,076 shares. Based on an average daily trading volume, of 66,996 shares, the days-to-cover ratio is presently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Zacks Small/Mid Cap Core Portfolio ETF Stock Up 0.4%

Shares of SMIZ traded up $0.18 during mid-day trading on Friday, reaching $41.35. The company had a trading volume of 10,250 shares, compared to its average volume of 38,746. Zacks Small/Mid Cap Core Portfolio ETF has a 52-week low of $30.05 and a 52-week high of $41.56. The stock has a market capitalization of $239.00 million, a P/E ratio of 20.70 and a beta of 1.20. The stock has a 50 day moving average of $38.68 and a two-hundred day moving average of $38.16.

Institutional Trading of Zacks Small/Mid Cap Core Portfolio ETF

Hedge funds have recently modified their holdings of the stock. Cornerstone Planning Group LLC purchased a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF in the fourth quarter worth about $26,000. CoreCap Advisors LLC boosted its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% in the fourth quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock worth $126,000 after buying an additional 3,383 shares during the last quarter. Rossby Financial LCC boosted its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 40.5% in the fourth quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock worth $386,000 after buying an additional 3,006 shares during the last quarter. Alteri Wealth LLC boosted its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 52.3% in the third quarter. Alteri Wealth LLC now owns 36,565 shares of the company’s stock worth $1,366,000 after buying an additional 12,554 shares during the last quarter. Finally, Strive Financial Group LLC purchased a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF in the fourth quarter worth about $1,529,000.

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.