iShares Russell 2500 ETF (BATS:SMMD) Stock Position Trimmed by Smartleaf Asset Management LLC

Smartleaf Asset Management LLC cut its position in iShares Russell 2500 ETF (BATS:SMMD) by 4.7% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 40,143 shares of the company’s stock after selling 1,993 shares during the quarter. Smartleaf Asset Management LLC’s holdings in iShares Russell 2500 ETF were worth $2,726,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of SMMD. Pure Financial Advisors LLC lifted its position in iShares Russell 2500 ETF by 17.3% in the 3rd quarter. Pure Financial Advisors LLC now owns 8,112 shares of the company’s stock valued at $549,000 after purchasing an additional 1,197 shares during the last quarter. Wetzel Investment Advisors Inc. bought a new stake in iShares Russell 2500 ETF in the 3rd quarter valued at about $268,000. James J. Burns & Company LLC lifted its position in iShares Russell 2500 ETF by 3.1% in the 3rd quarter. James J. Burns & Company LLC now owns 71,747 shares of the company’s stock valued at $4,859,000 after purchasing an additional 2,132 shares during the last quarter. HF Advisory Group LLC lifted its position in iShares Russell 2500 ETF by 2.5% in the 3rd quarter. HF Advisory Group LLC now owns 17,351 shares of the company’s stock valued at $1,175,000 after purchasing an additional 421 shares during the last quarter. Finally, Benchmark Financial Wealth Advisors LLC raised its position in shares of iShares Russell 2500 ETF by 9.0% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 66,280 shares of the company’s stock worth $4,489,000 after buying an additional 5,497 shares in the last quarter.

iShares Russell 2500 ETF Trading Down 1.9 %

SMMD stock opened at $67.02 on Friday. iShares Russell 2500 ETF has a 52 week low of $38.91 and a 52 week high of $45.72. The company has a market capitalization of $1.37 billion, a price-to-earnings ratio of 18.41 and a beta of 1.17. The firm’s 50-day moving average is $69.19 and its two-hundred day moving average is $68.85.

About iShares Russell 2500 ETF

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.