iShares Russell 2500 ETF (BATS:SMMD) Shares Sold by Advisory Resource Group

Advisory Resource Group reduced its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 85.3% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 36,321 shares of the company’s stock after selling 210,194 shares during the quarter. Advisory Resource Group owned approximately 0.21% of iShares Russell 2500 ETF worth $2,460,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the business. Fort Washington Investment Advisors Inc. OH acquired a new position in iShares Russell 2500 ETF in the second quarter valued at $30,424,000. Kestra Investment Management LLC acquired a new stake in shares of iShares Russell 2500 ETF in the 2nd quarter valued at about $18,279,000. FMR LLC grew its stake in iShares Russell 2500 ETF by 41.5% during the 3rd quarter. FMR LLC now owns 717,116 shares of the company’s stock worth $48,570,000 after buying an additional 210,399 shares during the last quarter. Heritage Family Offices LLP acquired a new position in iShares Russell 2500 ETF during the second quarter worth approximately $12,127,000. Finally, CWA Asset Management Group LLC purchased a new stake in iShares Russell 2500 ETF in the third quarter valued at approximately $8,891,000.

iShares Russell 2500 ETF Trading Down 0.6 %

SMMD stock opened at $72.21 on Wednesday. The business has a 50 day simple moving average of $70.14 and a 200-day simple moving average of $66.52. The company has a market capitalization of $1.23 billion, a P/E ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a twelve month low of $38.91 and a twelve month high of $45.72.

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.