Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Sees Large Decrease in Short Interest

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZGet Free Report) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 12,712 shares, a decrease of 75.0% from the April 30th total of 50,858 shares. Based on an average daily trading volume, of 16,143 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.2% of the shares of the stock are short sold.

Institutional Investors Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

Hedge funds have recently modified their holdings of the company. Cornerstone Planning Group LLC purchased a new stake in shares of Zacks Small/Mid Cap Core Portfolio ETF during the fourth quarter worth about $26,000. Wayfinding Financial LLC lifted its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 1.3% during the fourth quarter. Wayfinding Financial LLC now owns 150,979 shares of the company’s stock valued at $5,619,000 after buying an additional 1,912 shares during the period. Alteri Wealth LLC lifted its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 6.5% during the fourth quarter. Alteri Wealth LLC now owns 38,935 shares of the company’s stock valued at $1,440,000 after buying an additional 2,370 shares during the period. Rossby Financial LCC boosted its position in Zacks Small/Mid Cap Core Portfolio ETF by 40.5% during the fourth quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock worth $386,000 after acquiring an additional 3,006 shares during the last quarter. Finally, CoreCap Advisors LLC grew its stake in Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% in the 4th quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock worth $126,000 after acquiring an additional 3,383 shares during the period.

Zacks Small/Mid Cap Core Portfolio ETF Stock Performance

SMIZ stock traded up $0.05 on Friday, reaching $42.65. The company had a trading volume of 27,605 shares, compared to its average volume of 33,173. Zacks Small/Mid Cap Core Portfolio ETF has a 1 year low of $32.29 and a 1 year high of $42.82. The company’s fifty day moving average is $40.07 and its 200 day moving average is $38.88. The company has a market cap of $248.22 million, a P/E ratio of 20.70 and a beta of 1.19.

About Zacks Small/Mid Cap Core Portfolio ETF

(Get Free Report)

The Zacks Small/Mid Cap ETF (SMIZ) is an exchange-traded fund that mostly invests in extended market equity. The fund aims to generate positive risk-adjusted returns by investing in small- and mid-cap US stocks. The actively managed fund selects companies based on analyst agreement, magnitude, upside, and surprise. SMIZ was launched on Oct 3, 2023 and is issued by Zacks.

Further Reading

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