Janney Montgomery Scott LLC Acquires Shares of 78,019 Hilton Small-MidCap Opportunity ETF $SMCO

Janney Montgomery Scott LLC acquired a new position in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 78,019 shares of the company’s stock, valued at approximately $2,121,000.

Other large investors have also recently made changes to their positions in the company. Osaic Holdings Inc. raised its position in shares of Hilton Small-MidCap Opportunity ETF by 31.6% during the 4th quarter. Osaic Holdings Inc. now owns 63,870 shares of the company’s stock valued at $1,712,000 after buying an additional 15,347 shares in the last quarter. &PARTNERS lifted its holdings in shares of Hilton Small-MidCap Opportunity ETF by 27.7% in the 4th quarter. &PARTNERS now owns 188,877 shares of the company’s stock valued at $5,062,000 after acquiring an additional 40,957 shares during the last quarter. Hilton Capital Management LLC purchased a new position in Hilton Small-MidCap Opportunity ETF in the fourth quarter worth about $6,108,000. LPL Financial LLC purchased a new position in Hilton Small-MidCap Opportunity ETF in the fourth quarter worth about $862,000. Finally, Crumly & Associates Inc. increased its stake in Hilton Small-MidCap Opportunity ETF by 1.1% during the fourth quarter. Crumly & Associates Inc. now owns 506,124 shares of the company’s stock worth $13,565,000 after acquiring an additional 5,359 shares during the last quarter.

Hilton Small-MidCap Opportunity ETF Price Performance

Shares of SMCO stock opened at $29.77 on Thursday. Hilton Small-MidCap Opportunity ETF has a 1 year low of $25.45 and a 1 year high of $31.17. The stock’s 50 day simple moving average is $29.88 and its two-hundred day simple moving average is $28.80. The company has a market cap of $138.43 million, a PE ratio of 24.86 and a beta of 1.10.

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.