Pure Financial Advisors LLC Grows Position in iShares Russell 2500 ETF $SMMD

Pure Financial Advisors LLC raised its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 145.8% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 37,344 shares of the company’s stock after buying an additional 22,153 shares during the quarter. Pure Financial Advisors LLC owned about 0.17% of iShares Russell 2500 ETF worth $2,799,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. CIBC Private Wealth Group LLC grew its holdings in shares of iShares Russell 2500 ETF by 14.7% during the third quarter. CIBC Private Wealth Group LLC now owns 1,090 shares of the company’s stock worth $80,000 after buying an additional 140 shares in the last quarter. Equitable Holdings Inc. grew its holdings in shares of iShares Russell 2500 ETF by 5.1% during the third quarter. Equitable Holdings Inc. now owns 3,754 shares of the company’s stock worth $277,000 after buying an additional 183 shares in the last quarter. Cornerstone Planning Group LLC grew its holdings in shares of iShares Russell 2500 ETF by 15.5% during the third quarter. Cornerstone Planning Group LLC now owns 1,397 shares of the company’s stock worth $103,000 after buying an additional 187 shares in the last quarter. Perigon Wealth Management LLC grew its holdings in shares of iShares Russell 2500 ETF by 3.0% during the fourth quarter. Perigon Wealth Management LLC now owns 7,483 shares of the company’s stock worth $561,000 after buying an additional 218 shares in the last quarter. Finally, Creative Planning grew its holdings in shares of iShares Russell 2500 ETF by 2.1% during the third quarter. Creative Planning now owns 12,433 shares of the company’s stock worth $917,000 after buying an additional 250 shares in the last quarter.

iShares Russell 2500 ETF Stock Performance

Shares of SMMD opened at $86.74 on Monday. iShares Russell 2500 ETF has a 12-month low of $63.22 and a 12-month high of $87.39. The firm has a 50-day moving average price of $79.93 and a 200 day moving average price of $77.87. The firm has a market capitalization of $1.86 billion, a P/E ratio of 19.95 and a beta of 1.09.

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.