ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Hits New 52-Week Low – What’s Next?

ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTHGet Free Report)’s share price reached a new 52-week low on Friday . The stock traded as low as $25.25 and last traded at $25.25, with a volume of 143473 shares trading hands. The stock had previously closed at $25.33.

ALPS | Smith Core Plus Bond ETF Stock Down 0.3%

The firm has a 50 day moving average price of $25.63 and a 200-day moving average price of $25.84.

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

Institutional investors have recently bought and sold shares of the business. Annex Advisory Services LLC boosted its holdings in shares of ALPS | Smith Core Plus Bond ETF by 14.6% in the 2nd quarter. Annex Advisory Services LLC now owns 9,237,012 shares of the company’s stock valued at $237,761,000 after acquiring an additional 1,179,599 shares during the last quarter. Trilogy Capital Inc. lifted its position in ALPS | Smith Core Plus Bond ETF by 115.3% during the second quarter. Trilogy Capital Inc. now owns 4,184,387 shares of the company’s stock valued at $107,706,000 after purchasing an additional 2,241,175 shares during the period. Stratos Investment Management LLC lifted its position in ALPS | Smith Core Plus Bond ETF by 1.7% during the fourth quarter. Stratos Investment Management LLC now owns 3,259,817 shares of the company’s stock valued at $84,983,000 after purchasing an additional 53,803 shares during the period. Hamilton Wealth LLC boosted its holdings in ALPS | Smith Core Plus Bond ETF by 98.4% in the first quarter. Hamilton Wealth LLC now owns 2,653,258 shares of the company’s stock valued at $68,335,000 after purchasing an additional 1,315,762 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in ALPS | Smith Core Plus Bond ETF by 3.2% in the first quarter. Bank of New York Mellon Corp now owns 2,208,173 shares of the company’s stock valued at $56,871,000 after purchasing an additional 69,182 shares during 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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