Advisory Resource Group Trims Stock Position in iShares Russell 2500 ETF (BATS:SMMD)

Advisory Resource Group cut its position in shares of iShares Russell 2500 ETF (BATS:SMMD) by 1.1% during the fourth quarter, Holdings Channel.com reports. The firm owned 35,921 shares of the company’s stock after selling 400 shares during the quarter. Advisory Resource Group’s holdings in iShares Russell 2500 ETF were worth $2,443,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. Cetera Investment Advisers raised its stake in shares of iShares Russell 2500 ETF by 6.4% in the 2nd quarter. Cetera Investment Advisers now owns 18,318 shares of the company’s stock valued at $1,147,000 after acquiring an additional 1,106 shares during the period. Sanctuary Advisors LLC purchased a new stake in shares of iShares Russell 2500 ETF in the 2nd quarter valued at approximately $304,000. Simplicity Wealth LLC raised its stake in shares of iShares Russell 2500 ETF by 365.9% in the 3rd quarter. Simplicity Wealth LLC now owns 114,791 shares of the company’s stock valued at $7,775,000 after acquiring an additional 90,154 shares during the period. CX Institutional raised its stake in shares of iShares Russell 2500 ETF by 20.4% in the 3rd quarter. CX Institutional now owns 28,980 shares of the company’s stock valued at $1,963,000 after acquiring an additional 4,902 shares during the period. Finally, Raymond James & Associates raised its stake in shares of iShares Russell 2500 ETF by 119.2% in the 3rd quarter. Raymond James & Associates now owns 105,781 shares of the company’s stock valued at $7,165,000 after acquiring an additional 57,534 shares during the period.

iShares Russell 2500 ETF Stock Performance

iShares Russell 2500 ETF stock opened at $69.91 on Friday. The company’s 50 day simple moving average is $70.07 and its 200-day simple moving average is $68.38. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 15.31 and a beta of 1.15. iShares Russell 2500 ETF has a 1 year low of $38.91 and a 1 year high of $45.72.

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.