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

Avantax Advisory Services Inc. lowered its stake in iShares Russell 2500 ETF (BATS:SMMD) by 7.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 28,389 shares of the company’s stock after selling 2,133 shares during the quarter. Avantax Advisory Services Inc.’s holdings in iShares Russell 2500 ETF were worth $1,930,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Eagle Bay Advisors LLC bought a new position in shares of iShares Russell 2500 ETF in the fourth quarter valued at approximately $30,000. Transcendent Capital Group LLC boosted its holdings in iShares Russell 2500 ETF by 396.0% in the 4th quarter. Transcendent Capital Group LLC now owns 496 shares of the company’s stock valued at $34,000 after purchasing an additional 396 shares during the period. Private Trust Co. NA purchased a new position in shares of iShares Russell 2500 ETF during the 4th quarter valued at $34,000. ORG Partners LLC raised its position in shares of iShares Russell 2500 ETF by 39.3% in the fourth quarter. ORG Partners LLC now owns 1,050 shares of the company’s stock worth $71,000 after buying an additional 296 shares in the last quarter. Finally, Cornerstone Planning Group LLC bought a new stake in iShares Russell 2500 ETF during the fourth quarter valued at $85,000.

iShares Russell 2500 ETF Stock Down 6.4 %

Shares of BATS SMMD opened at $63.95 on Tuesday. The stock’s 50-day simple moving average is $68.13 and its two-hundred day simple moving average is $68.71. iShares Russell 2500 ETF has a twelve month low of $60.06 and a twelve month high of $74.66. The firm has a market capitalization of $1.33 billion, a P/E ratio of 17.67 and a beta of 1.18.

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.