GC Wealth Management RIA LLC Has $1.23 Million Holdings in iShares Russell 2500 ETF (BATS:SMMD)

GC Wealth Management RIA LLC decreased its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 10.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,110 shares of the company’s stock after selling 2,069 shares during the quarter. GC Wealth Management RIA LLC’s holdings in iShares Russell 2500 ETF were worth $1,231,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. FMR LLC increased its position 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 purchasing an additional 210,399 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of iShares Russell 2500 ETF by 2.9% during the third quarter. HighTower Advisors LLC now owns 137,168 shares of the company’s stock worth $9,291,000 after buying an additional 3,923 shares during the last quarter. MidWestOne Financial Group Inc. acquired a new position in shares of iShares Russell 2500 ETF during the third quarter worth $1,418,000. First Heartland Consultants Inc. bought a new position in shares of iShares Russell 2500 ETF in the 3rd quarter valued at $201,000. Finally, Simplicity Wealth LLC boosted its holdings in shares of iShares Russell 2500 ETF by 3.4% during the 4th quarter. Simplicity Wealth LLC now owns 118,675 shares of the company’s stock valued at $8,070,000 after acquiring an additional 3,884 shares in the last quarter.

iShares Russell 2500 ETF Stock Down 8.1 %

Shares of SMMD opened at $62.78 on Tuesday. The stock has a market cap of $1.29 billion, a PE ratio of 18.41 and a beta of 1.17. iShares Russell 2500 ETF has a 12-month low of $38.91 and a 12-month high of $45.72. The business has a 50-day simple moving average of $68.66 and a two-hundred day simple moving average of $68.85.

iShares Russell 2500 ETF Company 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.