Simplicity Wealth LLC Makes New $1.60 Million Investment in iShares Russell 2500 ETF $SMMD

Simplicity Wealth LLC acquired a new position in shares of iShares Russell 2500 ETF (BATS:SMMD) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 18,668 shares of the company’s stock, valued at approximately $1,596,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. NTV Asset Management LLC bought a new position in shares of iShares Russell 2500 ETF during the 3rd quarter valued at about $254,000. Kendall Capital Management acquired a new position in shares of iShares Russell 2500 ETF in the 3rd quarter valued at approximately $6,282,000. James J. Burns & Company LLC acquired a new position in shares of iShares Russell 2500 ETF in the 3rd quarter valued at approximately $6,281,000. Lawson Kroeker Investment Management Inc. NE acquired a new position in shares of iShares Russell 2500 ETF in the 3rd quarter valued at approximately $251,000. Finally, Fifth Third Wealth Advisors LLC bought a new stake in iShares Russell 2500 ETF during the 3rd quarter worth approximately $3,300,000.

iShares Russell 2500 ETF Stock Performance

BATS SMMD opened at $85.96 on Tuesday. The stock has a market cap of $1.84 billion, a price-to-earnings ratio of 19.95 and a beta of 1.09. The business has a 50 day simple moving average of $88.13 and a 200 day simple moving average of $85.11. iShares Russell 2500 ETF has a 52-week low of $69.94 and a 52-week high of $93.42.

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.