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

by · The Markets Daily

Shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH – Get Free Report) saw unusually-high trading volume on Friday. Approximately 1,345,264 shares traded hands during mid-day trading, an increase of 169% from the previous session’s volume of 500,520 shares. The stock last traded at $24.6780 and had previously closed at $24.70.

ALPS | Smith Core Plus Bond ETF Stock Down 0.1%

The firm has a fifty day moving average price of $25.27 and a 200 day moving average price of $25.58.

Hedge Funds Weigh In On ALPS | Smith Core Plus Bond ETF

Institutional investors and hedge funds have recently bought and sold shares of the business. Annex Advisory Services LLC increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 14.6% in the second quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock valued at $237,761,000 after buying an additional 1,179,599 shares in the last quarter. Trilogy Capital Inc. lifted its position in ALPS | Smith Core Plus Bond ETF by 115.3% during the 2nd quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock worth $107,706,000 after buying an additional 2,241,175 shares in the last quarter. Hamilton Wealth LLC grew its holdings in ALPS | Smith Core Plus Bond ETF by 98.4% during the 1st quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock worth $68,335,000 after acquiring an additional 1,315,762 shares during the last quarter. Bank of New York Mellon Corp grew its holdings in ALPS | Smith Core Plus Bond ETF by 3.2% during the 1st quarter. Bank of New York Mellon Corp now owns 2,208,173 shares of the company’s stock worth $56,871,000 after acquiring an additional 69,182 shares during the last quarter. Finally, Vise Technologies Inc. increased its position in ALPS | Smith Core Plus Bond ETF by 110.2% in the 4th quarter. Vise Technologies Inc. now owns 464,880 shares of the company’s stock valued at $12,119,000 after acquiring an additional 243,715 shares in the last quarter.

About ALPS | Smith Core Plus Bond ETF

(Get Free Report)

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.

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