First National Advisers LLC Acquires Shares of 3,043 iShares Russell 2500 ETF $SMMD

First National Advisers LLC bought a new position in iShares Russell 2500 ETF (BATS:SMMD) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 3,043 shares of the company’s stock, valued at approximately $206,000.

A number of other large investors have also recently made changes to their positions in SMMD. First Command Advisory Services Inc. purchased a new stake in iShares Russell 2500 ETF in the 2nd quarter worth about $44,000. AlphaCore Capital LLC bought a new position in shares of iShares Russell 2500 ETF during the first quarter valued at approximately $73,000. Russell Investments Group Ltd. purchased a new stake in shares of iShares Russell 2500 ETF in the second quarter worth approximately $82,000. Allspring Global Investments Holdings LLC raised its holdings in shares of iShares Russell 2500 ETF by 27.8% in the second quarter. Allspring Global Investments Holdings LLC now owns 1,269 shares of the company’s stock worth $87,000 after buying an additional 276 shares during the period. Finally, Fairman Group LLC lifted its stake in shares of iShares Russell 2500 ETF by 634.1% during the 2nd quarter. Fairman Group LLC now owns 1,637 shares of the company’s stock worth $111,000 after acquiring an additional 1,414 shares during the last quarter.

iShares Russell 2500 ETF Stock Up 10.2%

Shares of iShares Russell 2500 ETF stock opened at $75.30 on Friday. The stock’s fifty day moving average is $73.72 and its two-hundred day moving average is $70.74. iShares Russell 2500 ETF has a 52 week low of $53.81 and a 52 week high of $74.66. The company has a market capitalization of $1.62 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.