Wealthspire Advisors LLC Increases Stake in iShares Russell 2500 ETF (BATS:SMMD)

Wealthspire Advisors LLC grew its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 14.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 425,056 shares of the company’s stock after acquiring an additional 52,101 shares during the period. Wealthspire Advisors LLC owned about 3.11% of iShares Russell 2500 ETF worth $26,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Citigroup Inc. raised its holdings in iShares Russell 2500 ETF by 11,262.5% during the third quarter. Citigroup Inc. now owns 909 shares of the company’s stock valued at $50,000 after acquiring an additional 901 shares during the period. IAG Wealth Partners LLC bought a new stake in iShares Russell 2500 ETF during the 4th quarter valued at approximately $88,000. Tompkins Financial Corp purchased a new position in iShares Russell 2500 ETF in the 4th quarter worth approximately $151,000. Capital Analysts LLC bought a new position in iShares Russell 2500 ETF in the 4th quarter worth approximately $151,000. Finally, One Capital Management LLC purchased a new stake in iShares Russell 2500 ETF during the 3rd quarter valued at approximately $207,000.

iShares Russell 2500 ETF Stock Performance

Shares of iShares Russell 2500 ETF stock traded up $0.58 on Thursday, hitting $63.99. 60,576 shares of the company traded hands. The business has a 50-day simple moving average of $63.15 and a 200 day simple moving average of $60.00. iShares Russell 2500 ETF has a 52 week low of $38.91 and a 52 week high of $45.72. The stock has a market capitalization of $1.08 billion, a P/E ratio of 14.69 and a beta of 1.16.

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.