ALPS | Smith Core Plus Bond ETF (NYSEARCA:SMTH) Reaches New 1-Year Low – Should You Sell?

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

ALPS | Smith Core Plus Bond ETF Stock Down 0.2%

The business’s fifty day simple moving average is $25.42 and its 200 day simple moving average is $25.69.

Institutional Trading of ALPS | Smith Core Plus Bond ETF

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

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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