Focus Partners Wealth Acquires 262,684 Shares of iShares Russell 2500 ETF $SMMD

Focus Partners Wealth boosted its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 53.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 757,995 shares of the company’s stock after purchasing an additional 262,684 shares during the quarter. Focus Partners Wealth owned about 3.53% of iShares Russell 2500 ETF worth $56,804,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Kestra Advisory Services LLC boosted its stake in iShares Russell 2500 ETF by 3.9% during the 4th quarter. Kestra Advisory Services LLC now owns 19,747 shares of the company’s stock valued at $1,480,000 after purchasing an additional 733 shares during the period. AlTi Global Inc. raised its holdings in iShares Russell 2500 ETF by 7.8% in the 4th quarter. AlTi Global Inc. now owns 35,659 shares of the company’s stock valued at $2,672,000 after acquiring an additional 2,567 shares in the last quarter. Wells Fargo & Company MN raised its holdings in iShares Russell 2500 ETF by 27.0% in the 4th quarter. Wells Fargo & Company MN now owns 19,242 shares of the company’s stock valued at $1,442,000 after acquiring an additional 4,094 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in iShares Russell 2500 ETF by 1.5% in the 4th quarter. Wealthspire Advisors LLC now owns 507,585 shares of the company’s stock valued at $38,038,000 after acquiring an additional 7,623 shares in the last quarter. Finally, Gerber Kawasaki Wealth & Investment Management raised its holdings in iShares Russell 2500 ETF by 6.1% in the 4th quarter. Gerber Kawasaki Wealth & Investment Management now owns 471,055 shares of the company’s stock valued at $35,301,000 after acquiring an additional 27,082 shares in the last quarter.

iShares Russell 2500 ETF Stock Up 0.6%

iShares Russell 2500 ETF stock opened at $90.33 on Tuesday. The business has a 50 day moving average price of $85.22 and a two-hundred day moving average price of $80.51. The stock has a market cap of $1.94 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 12 month low of $65.34 and a 12 month high of $91.27.

iShares Russell 2500 ETF Profile

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.