iShares Russell 2500 ETF (BATS:SMMD) Holdings Decreased by Strong Tower Advisory Services

Strong Tower Advisory Services decreased its stake in shares of iShares Russell 2500 ETF (BATS:SMMD) by 21.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 15,948 shares of the company’s stock after selling 4,397 shares during the period. Strong Tower Advisory Services’ holdings in iShares Russell 2500 ETF were worth $1,084,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Eagle Bay Advisors LLC bought a new position in iShares Russell 2500 ETF during the fourth quarter valued at about $30,000. ORG Partners LLC lifted its holdings in iShares Russell 2500 ETF by 39.3% in the 4th quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock valued at $71,000 after acquiring an additional 296 shares during the last quarter. IHT Wealth Management LLC bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter valued at about $200,000. First Heartland Consultants Inc. acquired a new position in shares of iShares Russell 2500 ETF in the 3rd quarter worth approximately $201,000. Finally, Sfmg LLC acquired a new position in shares of iShares Russell 2500 ETF in the 3rd quarter worth approximately $211,000.

iShares Russell 2500 ETF Price Performance

SMMD stock opened at $70.02 on Monday. The firm has a market cap of $1.19 billion, a PE ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a 12 month low of $38.91 and a 12 month high of $45.72. The firm has a 50 day simple moving average of $70.57 and a 200 day simple moving average of $67.79.

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.