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

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTHGet Free Report) saw unusually-strong trading volume on Wednesday . Approximately 2,585,581 shares were traded during mid-day trading, an increase of 830% from the previous session’s volume of 277,906 shares.The stock last traded at $25.59 and had previously closed at $25.62.

ALPS | Smith Core Plus Bond ETF Price Performance

The business’s 50 day moving average is $25.53 and its two-hundred day moving average is $25.92.

Institutional Investors Weigh In On ALPS | Smith Core Plus Bond ETF

A number of institutional investors and hedge funds have recently bought and sold shares of SMTH. NorthCrest Asset Manangement LLC raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 67.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 34,512 shares of the company’s stock worth $912,000 after acquiring an additional 13,917 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of ALPS | Smith Core Plus Bond ETF by 20.7% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 26,862,866 shares of the company’s stock worth $710,254,000 after acquiring an additional 4,607,593 shares in the last quarter. Assetmark Inc. purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the third quarter worth approximately $60,000. Apollon Wealth Management LLC purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the third quarter worth approximately $723,000. Finally, Flow Traders U.S. LLC purchased a new position in shares of ALPS | Smith Core Plus Bond ETF during the third quarter worth approximately $995,000.

ALPS | Smith Core Plus Bond ETF Company Profile

(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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