Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) Shares Up 1.4% – Still a Buy?

Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) shares rose 1.4% on Wednesday . The stock traded as high as $27.88 and last traded at $27.75. Approximately 3,720 shares changed hands during trading, a decline of 60% from the average daily volume of 9,284 shares. The stock had previously closed at $27.37.

Hilton Small-MidCap Opportunity ETF Stock Performance

The firm has a market cap of $129.04 million, a PE ratio of 24.86 and a beta of 1.37. The stock has a 50 day simple moving average of $26.89 and a two-hundred day simple moving average of $26.33.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the stock. Fulton Bank N.A. boosted its position in Hilton Small-MidCap Opportunity ETF by 11.9% in the 3rd quarter. Fulton Bank N.A. now owns 107,076 shares of the company’s stock worth $2,885,000 after purchasing an additional 11,390 shares in the last quarter. Benjamin Edwards Inc. lifted its stake in shares of Hilton Small-MidCap Opportunity ETF by 28.2% in the 3rd quarter. Benjamin Edwards Inc. now owns 22,371 shares of the company’s stock valued at $603,000 after purchasing an additional 4,921 shares during the period. Crumly & Associates Inc. boosted its holdings in Hilton Small-MidCap Opportunity ETF by 13.1% during the third quarter. Crumly & Associates Inc. now owns 500,765 shares of the company’s stock worth $13,493,000 after buying an additional 58,031 shares in the last quarter. Finally, Envestnet Asset Management Inc. grew its position in Hilton Small-MidCap Opportunity ETF by 459.8% during the third quarter. Envestnet Asset Management Inc. now owns 106,337 shares of the company’s stock valued at $2,865,000 after buying an additional 87,340 shares during the period.

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.