ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Sets New 12-Month Low – Time to Sell?

Shares of ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTHGet Free Report) hit a new 52-week low during trading on Wednesday . The stock traded as low as $25.19 and last traded at $25.1940, with a volume of 49625 shares changing hands. The stock had previously closed at $25.27.

ALPS | Smith Core Plus Bond ETF Trading Down 0.2%

The firm’s fifty day moving average is $25.42 and its two-hundred day moving average is $25.69.

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

Several institutional investors have recently added to or reduced their stakes in SMTH. Johnson Financial Group Inc. bought a new stake in ALPS | Smith Core Plus Bond ETF in the first quarter worth about $54,000. Integrated Wealth Concepts LLC bought a new position in shares of ALPS | Smith Core Plus Bond ETF during the 2nd quarter valued at approximately $55,000. Northwestern Mutual Wealth Management Co. bought a new position in shares of ALPS | Smith Core Plus Bond ETF during the 4th quarter valued at approximately $77,000. Comerica Bank increased its stake in shares of ALPS | Smith Core Plus Bond ETF by 6.5% during the 4th quarter. Comerica Bank now owns 7,486 shares of the company’s stock worth $195,000 after purchasing an additional 456 shares during the last quarter. Finally, Fifth Third Bancorp purchased a new stake in shares of ALPS | Smith Core Plus Bond ETF during the 1st quarter worth approximately $193,000.

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.

Further Reading

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