Private Advisor Group LLC Trims Stake in iShares Russell 2500 ETF (BATS:SMMD)

Private Advisor Group LLC cut its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 40.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 7,144 shares of the company’s stock after selling 4,802 shares during the quarter. Private Advisor Group LLC’s holdings in iShares Russell 2500 ETF were worth $486,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of SMMD. Pure Financial Advisors LLC increased its holdings in iShares Russell 2500 ETF by 17.3% during the third quarter. Pure Financial Advisors LLC now owns 8,112 shares of the company’s stock valued at $549,000 after buying an additional 1,197 shares during the period. Wetzel Investment Advisors Inc. purchased a new stake in shares of iShares Russell 2500 ETF during the third quarter valued at $268,000. James J. Burns & Company LLC grew its holdings in shares of iShares Russell 2500 ETF by 3.1% during the third quarter. James J. Burns & Company LLC now owns 71,747 shares of the company’s stock valued at $4,859,000 after buying an additional 2,132 shares during the last quarter. HF Advisory Group LLC grew its holdings in shares of iShares Russell 2500 ETF by 2.5% during the third quarter. HF Advisory Group LLC now owns 17,351 shares of the company’s stock valued at $1,175,000 after buying an additional 421 shares during the last quarter. Finally, Benchmark Financial Wealth Advisors LLC lifted its position in iShares Russell 2500 ETF by 9.0% during the third quarter. Benchmark Financial Wealth Advisors LLC now owns 66,280 shares of the company’s stock valued at $4,489,000 after purchasing an additional 5,497 shares during the period.

iShares Russell 2500 ETF Price Performance

BATS SMMD opened at $65.29 on Tuesday. The company has a market capitalization of $1.34 billion, a PE ratio of 18.41 and a beta of 1.17. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72. The company has a fifty day moving average of $69.13 and a 200 day moving average of $68.89.

About iShares Russell 2500 ETF

The iShares Russell 2500 ETF (SMMD) is an exchange-traded fund that is based on the Russell 2500 index, a market-cap-weighted index of US companies ranked 501-3,000 by market cap. SMMD was launched on Jul 6, 2017 and is managed by BlackRock.