Short Interest in Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Decreases By 47.2%

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the recipient of a large decline in short interest in the month of July. As of July 31st, there was short interest totaling 12,738 shares, a decline of 47.2% from the July 15th total of 24,144 shares. Approximately 0.2% of the company’s shares are short sold. Based on an average trading volume of 33,331 shares, the short-interest ratio is currently 0.4 days.

Institutional Trading of Zacks Small/Mid Cap Core Portfolio ETF

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Strive Financial Group LLC acquired a new position in shares of Zacks Small/Mid Cap Core Portfolio ETF in the 4th quarter valued at $1,529,000. Strategic Blueprint LLC grew its stake in shares of Zacks Small/Mid Cap Core Portfolio ETF by 8.8% during the 4th quarter. Strategic Blueprint LLC now owns 68,751 shares of the company’s stock valued at $2,543,000 after buying an additional 5,532 shares during the period. Rossby Financial LCC raised its position in shares of Zacks Small/Mid Cap Core Portfolio ETF by 40.5% in the 4th quarter. Rossby Financial LCC now owns 10,437 shares of the company’s stock worth $386,000 after buying an additional 3,006 shares during the period. Alteri Wealth LLC increased its stake in 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 worth $1,440,000 after acquiring an additional 2,370 shares during the last quarter. Finally, Wayfinding Financial LLC increased its stake in 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 worth $5,619,000 after acquiring an additional 1,912 shares during the last quarter.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

SMIZ traded up $0.16 during trading on Monday, hitting $44.25. The company’s stock had a trading volume of 21,781 shares, compared to its average volume of 32,801. Zacks Small/Mid Cap Core Portfolio ETF has a twelve month low of $34.97 and a twelve month high of $44.77. The stock has a market cap of $285.41 million, a PE ratio of 20.70 and a beta of 1.15. The firm’s 50 day moving average price is $43.15 and its 200-day moving average price is $40.99.

About Zacks Small/Mid Cap Core Portfolio ETF

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.