iShares Russell 2500 ETF $SMMD Shares Sold by Diversify Wealth Management LLC

Diversify Wealth Management LLC trimmed its holdings in shares of iShares Russell 2500 ETF (BATS:SMMD) by 58.4% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,193 shares of the company’s stock after selling 8,687 shares during the period. Diversify Wealth Management LLC’s holdings in iShares Russell 2500 ETF were worth $514,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of SMMD. Royal Bank of Canada grew its holdings in shares of iShares Russell 2500 ETF by 12.0% during the first quarter. Royal Bank of Canada now owns 58,273 shares of the company’s stock worth $3,644,000 after buying an additional 6,223 shares in the last quarter. Jane Street Group LLC raised its stake in shares of iShares Russell 2500 ETF by 1,288.2% in the 1st quarter. Jane Street Group LLC now owns 77,005 shares of the company’s stock worth $4,816,000 after buying an additional 71,458 shares in the last quarter. Russell Investments Group Ltd. acquired a new stake in shares of iShares Russell 2500 ETF in the second quarter valued at $82,000. Baird Financial Group Inc. lifted its holdings in shares of iShares Russell 2500 ETF by 2.5% during the second quarter. Baird Financial Group Inc. now owns 46,169 shares of the company’s stock valued at $3,129,000 after purchasing an additional 1,115 shares during the last quarter. Finally, NewEdge Advisors LLC boosted its position in shares of iShares Russell 2500 ETF by 299.7% in the 2nd quarter. NewEdge Advisors LLC now owns 6,304 shares of the company’s stock valued at $427,000 after purchasing an additional 4,727 shares during the period.

iShares Russell 2500 ETF Trading Down 0.6%

Shares of SMMD opened at $89.66 on Friday. The business’s 50-day moving average price is $88.71 and its 200 day moving average price is $82.89. The stock has a market capitalization of $1.92 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 1-year low of $66.96 and a 1-year high of $92.07.

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.