Wealthcare Advisory Partners LLC cut its position in iShares Russell 2500 ETF (BATS:SMMD – Free Report) by 23.9% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 63,892 shares of the company’s stock after selling 20,047 shares during the period. Wealthcare Advisory Partners LLC owned approximately 0.31% of iShares Russell 2500 ETF worth $3,996,000 at the end of the most recent quarter.
A number of other hedge funds have also modified their holdings of SMMD. Harbor Capital Advisors Inc. purchased a new stake in shares of iShares Russell 2500 ETF in the first quarter worth about $12,695,000. Farther Finance Advisors LLC purchased a new stake in shares of iShares Russell 2500 ETF in the first quarter worth about $52,000. Congress Asset Management Co. boosted its stake in shares of iShares Russell 2500 ETF by 83.7% in the first quarter. Congress Asset Management Co. now owns 177,071 shares of the company’s stock worth $11,074,000 after buying an additional 80,686 shares during the last quarter. Retirement Planning Group LLC purchased a new stake in shares of iShares Russell 2500 ETF in the first quarter worth about $850,000. Finally, HF Advisory Group LLC boosted its stake in shares of iShares Russell 2500 ETF by 4.8% in the first quarter. HF Advisory Group LLC now owns 19,151 shares of the company’s stock worth $1,198,000 after buying an additional 875 shares during the last quarter.
iShares Russell 2500 ETF Stock Down 1.9%
Shares of SMMD opened at $67.02 on Wednesday. iShares Russell 2500 ETF has a 52 week low of $53.81 and a 52 week high of $74.66. The company has a market capitalization of $1.44 billion, a price-to-earnings ratio of 16.96 and a beta of 1.10. The stock’s 50-day moving average price is $62.26 and its 200-day moving average price is $66.31.
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.
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