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 growth in short interest in the month of August. As of August 14th, there was short interest totaling 33,660 shares, a growth of 164.2% from the July 30th total of 12,738 shares. Based on an average trading volume of 25,862 shares, the days-to-cover ratio is currently 1.3 days. Currently, 0.5% of the shares of the company are short sold.

Hedge Funds Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

A number of institutional investors and hedge funds have recently modified their holdings of the company. Strive Financial Group LLC grew its holdings in shares of Zacks Small/Mid Cap Core Portfolio ETF by 354.4% in the second quarter. Strive Financial Group LLC now owns 205,799 shares of the company’s stock worth $9,183,000 after acquiring an additional 160,506 shares during the period. CoreCap Advisors LLC lifted its holdings in Zacks Small/Mid Cap Core Portfolio ETF by 12.2% in the second quarter. CoreCap Advisors LLC now owns 6,050 shares of the company’s stock valued at $270,000 after acquiring an additional 656 shares during the period. Rossby Financial LCC lifted its holdings in 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 valued at $386,000 after acquiring an additional 3,006 shares during the period. Wayfinding Financial LLC boosted its holdings in shares of Zacks Small/Mid Cap Core Portfolio ETF by 1.3% in the fourth quarter. Wayfinding Financial LLC now owns 150,979 shares of the company’s stock worth $5,619,000 after buying an additional 1,912 shares during the last quarter. Finally, Alteri Wealth LLC lifted its position in Zacks Small/Mid Cap Core Portfolio ETF by 6.5% during the fourth quarter. Alteri Wealth LLC now owns 38,935 shares of the company’s stock valued at $1,440,000 after purchasing an additional 2,370 shares in the last quarter.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Zacks Small/Mid Cap Core Portfolio ETF stock traded down $0.45 during midday trading on Friday, reaching $42.16. 6,766 shares of the company traded hands, compared to its average volume of 31,664. Zacks Small/Mid Cap Core Portfolio ETF has a 12 month low of $35.14 and a 12 month high of $44.77. The firm has a market capitalization of $271.93 million, a price-to-earnings ratio of 20.70 and a beta of 1.15. The business has a 50 day moving average of $43.06 and a two-hundred day moving average of $41.20.

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.