Crumly & Associates Inc. Increases Stock Holdings in Hilton Small-MidCap Opportunity ETF $SMCO

Crumly & Associates Inc. increased its stake in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) by 14.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 527,483 shares of the company’s stock after buying an additional 65,982 shares during the period. Hilton Small-MidCap Opportunity ETF comprises 2.6% of Crumly & Associates Inc.’s holdings, making the stock its 8th largest position. Crumly & Associates Inc. owned approximately 0.11% of Hilton Small-MidCap Opportunity ETF worth $14,477,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Fifth Third Bancorp purchased a new stake in Hilton Small-MidCap Opportunity ETF in the 1st quarter worth $55,000. ZEGA Investments LLC purchased a new stake in Hilton Small-MidCap Opportunity ETF in the second quarter worth $406,000. Fulton Bank N.A. raised its stake in shares of Hilton Small-MidCap Opportunity ETF by 10.7% during the first quarter. Fulton Bank N.A. now owns 147,832 shares of the company’s stock valued at $4,018,000 after acquiring an additional 14,329 shares in the last quarter. Janney Montgomery Scott LLC purchased a new position in shares of Hilton Small-MidCap Opportunity ETF during the first quarter valued at $2,121,000. Finally, Envestnet Asset Management Inc. boosted its stake in shares of Hilton Small-MidCap Opportunity ETF by 41.9% during the second quarter. Envestnet Asset Management Inc. now owns 498,944 shares of the company’s stock valued at $15,467,000 after purchasing an additional 147,241 shares in the last quarter.

Hilton Small-MidCap Opportunity ETF Stock Performance

SMCO stock traded down $0.39 during trading on Wednesday, reaching $27.92. 3,506 shares of the company traded hands, compared to its average volume of 22,067. Hilton Small-MidCap Opportunity ETF has a 12 month low of $25.45 and a 12 month high of $31.17. The company has a market capitalization of $134.58 million, a price-to-earnings ratio of 24.86 and a beta of 1.13. The business has a 50 day simple moving average of $29.07 and a 200 day simple moving average of $29.27.

Hilton Small-MidCap Opportunity ETF Company Profile

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.