Commonwealth Equity Services LLC Raises Position in iShares Russell 2500 ETF (BATS:SMMD)

Commonwealth Equity Services LLC boosted its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 11.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 144,461 shares of the company’s stock after purchasing an additional 14,650 shares during the period. Commonwealth Equity Services LLC owned approximately 0.85% of iShares Russell 2500 ETF worth $9,823,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Fort Washington Investment Advisors Inc. OH grew its holdings in iShares Russell 2500 ETF by 45.7% during the 4th quarter. Fort Washington Investment Advisors Inc. OH now owns 1,363,980 shares of the company’s stock worth $92,751,000 after acquiring an additional 427,780 shares in the last quarter. FMR LLC increased its holdings in shares of iShares Russell 2500 ETF by 41.5% in the 3rd quarter. FMR LLC now owns 717,116 shares of the company’s stock worth $48,570,000 after acquiring an additional 210,399 shares during the period. Kestra Investment Management LLC lifted its position in iShares Russell 2500 ETF by 66.5% in the 4th quarter. Kestra Investment Management LLC now owns 549,769 shares of the company’s stock valued at $37,384,000 after purchasing an additional 219,514 shares during the last quarter. Wealthspire Advisors LLC boosted its stake in iShares Russell 2500 ETF by 10.0% during the 4th quarter. Wealthspire Advisors LLC now owns 469,382 shares of the company’s stock valued at $31,918,000 after purchasing an additional 42,569 shares during the period. Finally, CENTRAL TRUST Co grew its position in iShares Russell 2500 ETF by 34.6% in the 4th quarter. CENTRAL TRUST Co now owns 446,550 shares of the company’s stock worth $30,365,000 after purchasing an additional 114,904 shares during the last quarter.

iShares Russell 2500 ETF Trading Down 6.0 %

SMMD opened at $64.17 on Thursday. The business’s 50 day moving average is $67.93 and its 200-day moving average is $68.65. The stock has a market cap of $1.34 billion, a PE ratio of 17.67 and a beta of 1.18. iShares Russell 2500 ETF has a twelve month low of $60.06 and a twelve month high of $74.66.

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.