Fulton Bank N.A. Purchases 26,427 Shares of Hilton Small-MidCap Opportunity ETF $SMCO

Fulton Bank N.A. grew its position in Hilton Small-MidCap Opportunity ETF (NASDAQ:SMCO) by 24.7% during the 4th quarter, Holdings Channel.com reports. The firm owned 133,503 shares of the company’s stock after purchasing an additional 26,427 shares during the period. Fulton Bank N.A.’s holdings in Hilton Small-MidCap Opportunity ETF were worth $3,578,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Benjamin Edwards Inc. grew its position in Hilton Small-MidCap Opportunity ETF by 28.2% during the 3rd quarter. Benjamin Edwards Inc. now owns 22,371 shares of the company’s stock worth $603,000 after purchasing an additional 4,921 shares during the last quarter. Envestnet Asset Management Inc. lifted its stake in Hilton Small-MidCap Opportunity ETF by 459.8% during the 3rd quarter. Envestnet Asset Management Inc. now owns 106,337 shares of the company’s stock valued at $2,865,000 after acquiring an additional 87,340 shares during the period. Finally, Crumly & Associates Inc. boosted its holdings in shares of Hilton Small-MidCap Opportunity ETF by 13.1% in the 3rd quarter. Crumly & Associates Inc. now owns 500,765 shares of the company’s stock valued at $13,493,000 after acquiring an additional 58,031 shares during the last quarter.

Hilton Small-MidCap Opportunity ETF Price Performance

NASDAQ:SMCO opened at $26.70 on Monday. The company’s fifty day moving average price is $28.41 and its 200-day moving average price is $27.51. Hilton Small-MidCap Opportunity ETF has a 1-year low of $20.71 and a 1-year high of $29.59. The firm has a market capitalization of $138.84 million, a P/E ratio of 24.86 and a beta of 1.37.

Hilton Small-MidCap Opportunity ETF Dividend Announcement

The firm also recently declared an annual dividend, which was paid on Wednesday, December 31st. Shareholders of record on Tuesday, December 30th were issued a $0.2702 dividend. This represents a yield of 99.0%. The ex-dividend date of this dividend was Tuesday, December 30th.

Hilton Small-MidCap Opportunity ETF Company Profile

The Hilton Small-MidCap Opportunity ETF (SMCO) is an exchange-traded fund that mostly invests in extended market equity. The fund is an actively managed fund that focuses on generating returns while minimizing risk through its proprietary Small & Mid Cap Opportunities investment process (SMCO), which attempts to identify undervalued US stocks in the small- and mid-cap space. SMCO was launched on Nov 28, 2023 and is issued by Hilton.