Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) Short Interest Update

Zacks Small/Mid Cap Core Portfolio ETF (NYSEARCA:SMIZ) was the recipient of a significant growth in short interest during the month of April. As of April 30th, there was short interest totaling 50,858 shares, a growth of 2,528.3% from the April 15th total of 1,935 shares. Currently, 0.9% of the shares of the stock are sold short. Based on an average trading volume of 21,901 shares, the short-interest ratio is currently 2.3 days.

Hedge Funds Weigh In On Zacks Small/Mid Cap Core Portfolio ETF

A number of institutional investors have recently added to or reduced their stakes in SMIZ. von Borstel & Associates Inc. purchased a new position in Zacks Small/Mid Cap Core Portfolio ETF during the third quarter worth approximately $5,593,000. Strive Financial Group LLC purchased a new position in Zacks Small/Mid Cap Core Portfolio ETF during the fourth quarter worth approximately $1,529,000. Alteri Wealth LLC lifted its position in Zacks Small/Mid Cap Core Portfolio ETF by 52.3% during the third quarter. Alteri Wealth LLC now owns 36,565 shares of the company’s stock worth $1,366,000 after buying an additional 12,554 shares in the last quarter. Strategic Blueprint LLC lifted its position in Zacks Small/Mid Cap Core Portfolio ETF by 8.8% during the fourth quarter. Strategic Blueprint LLC now owns 68,751 shares of the company’s stock worth $2,543,000 after buying an additional 5,532 shares in the last quarter. Finally, CoreCap Advisors LLC lifted its position in Zacks Small/Mid Cap Core Portfolio ETF by 11,665.5% during the fourth quarter. CoreCap Advisors LLC now owns 3,412 shares of the company’s stock worth $126,000 after buying an additional 3,383 shares in the last quarter.

Zacks Small/Mid Cap Core Portfolio ETF Price Performance

Zacks Small/Mid Cap Core Portfolio ETF stock traded up $0.14 during trading on Monday, reaching $42.27. 16,459 shares of the company were exchanged, compared to its average volume of 35,818. Zacks Small/Mid Cap Core Portfolio ETF has a 52-week low of $32.06 and a 52-week high of $42.82. The company has a market capitalization of $246.01 million, a P/E ratio of 20.70 and a beta of 1.19. The stock’s 50 day simple moving average is $39.07 and its two-hundred day simple moving average is $38.46.

Zacks Small/Mid Cap Core Portfolio ETF Company Profile

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.