Blair William & Co. IL Sells 5,498 Shares of iShares Russell 2500 ETF $SMMD

Blair William & Co. IL lowered its holdings in iShares Russell 2500 ETF (BATS:SMMD) by 2.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,306 shares of the company’s stock after selling 5,498 shares during the period. Blair William & Co. IL owned about 0.99% of iShares Russell 2500 ETF worth $14,390,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Spire Wealth Management boosted its stake in shares of iShares Russell 2500 ETF by 213.8% during the 1st quarter. Spire Wealth Management now owns 477 shares of the company’s stock worth $30,000 after buying an additional 325 shares during the last quarter. Farther Finance Advisors LLC acquired a new position in iShares Russell 2500 ETF during the first quarter valued at approximately $52,000. Allspring Global Investments Holdings LLC acquired a new position in iShares Russell 2500 ETF during the first quarter valued at approximately $62,000. AlphaCore Capital LLC bought a new position in iShares Russell 2500 ETF in the first quarter valued at approximately $73,000. Finally, Comerica Bank increased its position in shares of iShares Russell 2500 ETF by 12.1% during the 1st quarter. Comerica Bank now owns 1,703 shares of the company’s stock worth $107,000 after purchasing an additional 184 shares during the last quarter.

iShares Russell 2500 ETF Stock Up 5.4%

Shares of iShares Russell 2500 ETF stock opened at $72.02 on Friday. The stock has a market cap of $1.54 billion, a P/E ratio of 19.95 and a beta of 1.09. iShares Russell 2500 ETF has a 12-month low of $53.81 and a 12-month high of $74.66. The business’s 50 day moving average is $72.51 and its 200-day moving average is $67.41.

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.