ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Sees Unusually-High Trading Volume – Time to Buy?

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) shares saw unusually-strong trading volume on Wednesday . Approximately 831,104 shares changed hands during mid-day trading, an increase of 163% from the previous session’s volume of 316,314 shares.The stock last traded at $26.0350 and had previously closed at $26.01.

ALPS | Smith Core Plus Bond ETF Stock Performance

The stock has a 50-day moving average price of $26.13 and a 200 day moving average price of $26.08.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in SMTH. CoreCap Advisors LLC purchased a new stake in ALPS | Smith Core Plus Bond ETF in the 3rd quarter worth $41,000. MAI Capital Management acquired a new stake in shares of ALPS | Smith Core Plus Bond ETF in the third quarter valued at about $84,000. GPS Wealth Strategies Group LLC increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 418.5% during the second quarter. GPS Wealth Strategies Group LLC now owns 3,370 shares of the company’s stock worth $87,000 after purchasing an additional 2,720 shares in the last quarter. CWM LLC purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the third quarter worth about $161,000. Finally, Osaic Holdings Inc. raised its position in shares of ALPS | Smith Core Plus Bond ETF by 64.8% during the 2nd quarter. Osaic Holdings Inc. now owns 7,528 shares of the company’s stock worth $195,000 after purchasing an additional 2,961 shares during the last quarter.

About ALPS | Smith Core Plus Bond ETF

The ALPS/SMITH Core Plus Bond ETF (SMTH) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that provides exposure to global debt securities of any maturity and credit quality. The fund aims for an above-average total return. SMTH was launched on Dec 5, 2023 and is issued by SS&C.