Avantax Advisory Services Inc. Sells 2,133 Shares of iShares Russell 2500 ETF (BATS:SMMD)

Avantax Advisory Services Inc. trimmed its stake in iShares Russell 2500 ETF (BATS:SMMD) by 7.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 28,389 shares of the company’s stock after selling 2,133 shares during the quarter. Avantax Advisory Services Inc. owned approximately 0.17% of iShares Russell 2500 ETF worth $1,930,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. HighTower Advisors LLC lifted its stake in iShares Russell 2500 ETF by 24.5% in the fourth quarter. HighTower Advisors LLC now owns 170,824 shares of the company’s stock valued at $11,616,000 after purchasing an additional 33,656 shares during the last quarter. Johnson Investment Counsel Inc. lifted its position in shares of iShares Russell 2500 ETF by 51.8% during the 4th quarter. Johnson Investment Counsel Inc. now owns 27,651 shares of the company’s stock valued at $1,880,000 after buying an additional 9,435 shares during the last quarter. Simplicity Wealth LLC grew its stake 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 worth $8,070,000 after acquiring an additional 3,884 shares during the period. Kendall Capital Management increased its holdings in iShares Russell 2500 ETF by 64.9% in the 4th quarter. Kendall Capital Management now owns 292,799 shares of the company’s stock worth $19,910,000 after acquiring an additional 115,244 shares during the last quarter. Finally, Raymond James Financial Inc. bought a new stake in iShares Russell 2500 ETF in the 4th quarter valued at about $11,268,000.

iShares Russell 2500 ETF Stock Down 6.4 %

Shares of BATS:SMMD opened at $63.95 on Tuesday. The firm has a market capitalization of $1.33 billion, a PE ratio of 17.67 and a beta of 1.18. The company has a 50-day moving average price of $68.13 and a two-hundred day moving average price of $68.71. iShares Russell 2500 ETF has a twelve month low of $60.06 and a twelve month high of $74.66.

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.