Apollon Wealth Management LLC Makes New $1.06 Million Investment in iShares Russell 2500 ETF $SMMD

Apollon Wealth Management LLC bought a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) during the third quarter, Holdings Channel.com reports. The fund bought 12,420 shares of the company’s stock, valued at approximately $1,062,000.

Several other large investors have also recently bought and sold shares of the stock. Sigma Planning Corp acquired a new stake in iShares Russell 2500 ETF in the 3rd quarter worth $214,000. L.K. Benson & Company P.C. bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter worth about $922,000. Citizens Financial Group Inc. RI bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter worth about $297,000. Simplicity Wealth LLC acquired a new position in shares of iShares Russell 2500 ETF during the third quarter valued at about $1,596,000. Finally, NTV Asset Management LLC acquired a new position in shares of iShares Russell 2500 ETF during the third quarter valued at about $254,000.

iShares Russell 2500 ETF Stock Performance

BATS SMMD opened at $86.55 on Friday. The firm has a 50-day simple moving average of $87.57 and a 200 day simple moving average of $85.31. iShares Russell 2500 ETF has a twelve month low of $69.94 and a twelve month high of $93.42. The stock has a market cap of $1.86 billion, a PE ratio of 19.95 and a beta of 1.09.

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.